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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 ...
While another major health insurance company, Kaiser Foundation Health Plan, saw its 401(k) “forfeited funds” lawsuit dismissed earlier this month, Cigna was sued last week for similar ...
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 ...
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 ...
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 ...
Schlichter, Bogard & Denton, on Behalf of Cigna 401(K) Plan Participants, Settles Excessive Fee Lawsuit for $35 Million June 21, 2013 04:58 PM Eastern Daylight Time. ST. LOUIS-- ...
The company 401(k) plan held more than $2 billion in assets, and most of that money was overseen by Cigna's Retirement Business, according to the suit. “This is a serious breach of fiduciary ...
CIGNA Corp. has been drawn into multistate litigation alleging insurers paid hidden kickbacks to brokers, ... unrelated lawsuit by employees over the company’s 401(k) ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Schlichter Bogard & Denton says it has won a $35 million settlement in a lawsuit that accused Cigna Corp. of charging ...
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 ...
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