Three former employees of the Cigna Group have filed suit against the company, alleging it misused forfeited funds in its 401(k) plan in violation of the Employee Retirement Income Security Act, the ...

Cigna employees file a 401(k) lawsuit, ... The Cigna Group 401(k) Plan Retirement Plan Committee, filed last week in the U.S. District Court for the Eastern District of Pennsylvania, ...

In May, a very similar 401(k) lawsuit was filed against Cigna in the same district court in Pennsylvania. In Reven et al. v.The Cigna Group 401(k) Plan Retirement Plan Committee, former employees ...

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their duties under the Employee Retirement Income Security Act, another ...

"Given the infancy of these novel theories and a largely unsettled legal landscape, it is paramount for plan sponsors and ...

The Cigna Group is the latest company to face a lawsuit over its treatment of forfeitures. Meanwhile, software company Intuit Inc. has Cigna hit with 401(k) forfeiture lawsuit | HealthLeaders Media ...

Participants in a Cigna Corp. 401(k) plan have reached a preliminary agreement with the company and several other defendants to settle a class-action suit in which the participants had alleged a ...

Plan sponsors of 401(k) defined-contribution plans aren't strangers to litigation over investment options, but a new set of lawsuits focused on past performance could lead to chasing top ...