ERISA and Financial Abuse News

Schlichter Bogard & Denton Brings 401(k) Suit Against Anthem

Schlichter Bogard & Denton has brought suit in the Southern District of Indiana on behalf of more than 59,000 participants in Anthem Inc.'s 401(k) plan.The complaint alleges that Anthem breached its fiduciary duty to plan participants, including by charging… Read More

Schlichter Bogard & Denton Sues on Behalf of Insperity 401(k) Participants

Schlichter Bogard & Denton today filed suit in the U.S. District Court, Northern District of Georgia, on behalf of over 50,000 participants in the Insperity 401(k) plan.  The complaint alleges that Insperity breached its fiduciary duties by causing plan… Read More

High Court Ruling Adds Protections for Investors in 401(k) Plans

Wall Street Journal by Jess Bravin and Liz Moyer 10/12/2015 The Supreme Court put companies managing 401(k) retirement plans on notice that they have a continuing duty to be judicious on plan investment decisions, adding protections for the worker… Read More

Jerry Schlichter Quoted in St. Louis Business Journal Article on Boeing 401(k) Lawsuit

By Diana Barr August 27, 2015 The settlement came just as the lawsuit, first filed in September 2016, was set to go to trial Wednesday before U.S. District Judge Nancy Rosenstengel in East St. Louis. Terms of the preliminary deal weren't disclosed,… Read More

Jerry Schlichter Quoted In BenefitsPro Boeing Article

By Nick Thornton August 27, 2015 After nearly a decade’s worth of litigation, a provisional settlement has been announced in Spano v. Boeing Inc., the 401(k) fee class action case that spawned a new era of litigation under the Employee Retirement Income… Read More

Jerry Schlichter Referenced in PlanSponsor Boeing Article

By John Manganaro August 27, 2015 Boeing has reportedly moved to settle Spano vs. Boeing, with news of the settlement coming a day after the long-running 401(k) fee case was slated for another round of arguments before a district court. Earlier this… Read More

Boeing Case Targets 401(k) Plans With Excessive Fees

By Chris Arnold August 27, 2015 Boeing is moving to settle a lawsuit accusing it of mishandling its 401(k) plan for thousands of workers. The case is part of a legal assault by a consumer rights attorney to stop companies from offering employees high-cost,… Read More

Schlichter Mentioned in Investment News Article on Boeing Lawsuit

By Greg Iacurci  August 7, 2015 Details of the provisional settlement reached yesterday in the lawsuit involving The Boeing Co.'s 401(k) plan are scarce, but the settlement speaks volumes about what advisers should expect with regards to future defined… Read More

Krueger v Ameriprise Financial Settlement Approved

ST. LOUIS--Schlichter, Bogard & Denton, a leading national law firm based in St. Louis, MO, announced today that its $27.5 million settlement, on behalf of Ameriprise employees and retirees in the 401(k) excessive fee case, Krueger v. Ameriprise Financial,… Read More

Law Firm Receives Final Court Approval in Lockheed Martin Settlement

ST. LOUIS----Schlichter, Bogard & Denton, a leading national law firm based in St. Louis, MO, announced today that it obtained final court approval for its historic $62 million settlement on behalf of Lockheed Martin employees and retirees from Chief… Read More