The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...

The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

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 ...

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...

Following the sudden departure of its CEO, the health insurer is now facing an employee lawsuit, alleging UnitedHealth ...

The plaintiffs include four current and former employees who intend to represent more than 250,000 plan participants.

Cigna’s 401(k) plan also allegedly invested in contracts that provided “significantly lower rates of return” than comparable funds the healthcare insurer could have made available to retirement plan ...

A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.

As Cigna fights off a lawsuit claiming it systematically denied patients coverage, the health insurance giant just paid a departing executive $10 million in severance. Why companies are getting sneaky ...