The class-action lawsuit, filed on behalf of 60,000 plan participants, alleges that the airline failed to replace a “chronically underperforming” large-cap fund holding more than $2 billion in ...
Strategic ERISA (Employee Retirement Income Security Act) plan design and administration require more than just technical compliance—they call ...
A recent ruling by a U.S. District Court both validates Oklahoma law and fires a warning shot across the bow for the managers ...
The US Supreme Court heard argument on Wednesday, January 22, 2025 from Cornell University and its employees over dismissal of a class action ...
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...
The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...
The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...
4dOpinion
Employees may be concerned over potential changes to their retirement benefits during a company merger or acquisition. Here’s ...
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