TLDR Insurance giant Aetna allegedly drained millions of dollars from health benefit plans intended for a quarter-million workers and their families. Investigations reveal that Aetna approved fraudulent claims, pocketed undisclosed fees, and mixed plan funds with its own corporate accounts.…
TL;DR: Intel Corporation was sued for allegedly breaching its fiduciary duties by steering employee retirement funds into risky hedge funds and private equity ventures that allegedly benefited its own corporate interests. The case exposed how corporate power, unchecked by strong…
Corporate Misconduct Case Study: PSA Airlines & Its Impact on Employee Health TL;DR: A 27-year-old flight attendant, Kyree Devon Holman, died from a rare heart condition after his employer’s health plan, administered by PSA Airlines and its partners, repeatedly denied…
Corporate Greed Case Study: AT&T & Its Impact on Employee Retirement Savings TLDR: A federal court found that corporate giant AT&T may have violated federal law by allowing its retirement plan administrator, Fidelity, to collect millions of dollars in hidden…
Corporate Greed Case Study: Fringe Benefit Group & Its Impact on American Workers TL;DR: A massive financial services company, Fringe Benefit Group (FBG), stands accused of systematically siphoning money from the health and retirement accounts of over 290,000 American workers.…
General Electric (GE), once a symbol of American industrial might, has now become a textbook example of corporate greed and irresponsibility. In its latest scandal, GE transferred $1.7 billion in pension obligations to Athene Annuity and Life Co., a private…