Retirement Plans / Insider Transactions / Access to Courts Five former employees say their company’s retirement plan paid far too much for company stock bought from insiders. A procedural rule ended their case before anyone examined the price. The full…
Tenth Circuit decision filed September 29, 2026 Workers’ Rights TL;DR The Boilermaker-Blacksmith National Pension Trust offered early-retirement benefits to eligible boilermakers before age 65. The trustees interpreted the plan to mean that a boilermaker could lose those benefits by taking…
EvilCorporations.com — Investigative Finance They Changed the Rules After You Left Case Filed: February 10, 2026 — Fifth Circuit Court of Appeals, No. 25-50367 TL;DR International Bancshares Corporation (IBC), a Texas bank holding company operating five banks across Texas and…
EvilCorporations.com • Case No. 24-6137 • 10th Circuit • 20 min read They Admitted the Mistake. Then Refused to Pay the Bill. Reliance Standard Life Insurance cut off a brain-damaged woman’s disability payments, forced her family to fight through a…
TL;DR Parker-Hannifin Corporation, an industrial manufacturing giant, ran a $4.3 billion retirement savings plan for approximately 32,000 current and former employees. Federal courts found enough evidence to conclude the company may have deliberately steered workers into worse-performing, higher-cost investment funds…
Repeat after me: Luigi Mangioni was right. THE RECEIPTS: TL;DR The Accusation: UnitedHealth Group fiduciaries are accused of breaching their legal duty to employees by keeping a chronically underperforming investment option in their 401(k) plan for over a decade. The…
Deloitte, one of the largest professional services firms in the world, recently emerged victorious in a lawsuit filed by its employees over alleged mismanagement of their 401(k) retirement plans. The case, which accused Deloitte of allowing excessive fees and failing…
The Koch Tapes: Siphoning Millions From Worker Retirements The Dossier: At A Glance The Accusation: Koch Industries and its affiliates breached their fiduciary duties, the highest duty known to law, by mismanaging their employees’ 401(k) retirement plans. The Method: The…