A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar cases continue across the country.

Cigna employees file a 401 (k) lawsuit, alleging misuse of forfeited funds The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

Cigna hit with 2nd suit alleging misuse of 401 (k) forfeitures, now matching UnitedHealth’s 2 suits This week, Cigna was again sued for fiduciary violations for using forfeited funds to reduce ...

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 ...

Meanwhile, CIGNA also disclosed this week that a court last month granted preliminary approval for a settlement of litigation against the company by participants in its 401 (k) plan.

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 ...

Prudential Retirement Insurance and Annuity Co. and Cigna Corp. have agreed to pay $35 million to settle a class action in which Cigna workers claimed their 401(k) fees were too high and that the ...

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 ...

Schlichter Bogard & Denton says it has won a $35 million settlement in a lawsuit that accused Cigna Corp. of charging excessive fees in its workers' 401 (k) plan.

New 401 (k) Lawsuits Go Too Far If successful, performance-chasing could be the hot new trend in 401 (k) lineups.

A lawsuit brought by Cornell University staff members is the latest to allege that a 403(b) plan is charging excessive fees — and thanks to one law celebrating its 50th anniversary this year ...

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 ...