A separate lawsuit also alleging misuse of plan forfeitures was filed against the health care company in May, as similar ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

Cigna was again sued for fiduciary violations for using forfeited funds to reduce employer contributions to the plan, ...

Cigna is under legal fire for the second time in two months, accused of misusing over $17 million in 401(k) plan forfeitures.

Cigna Group mismanages its employees’ 401(k) plan by using the money forfeited by departing workers for its own benefit, ...

While another major health insurance company, Kaiser Foundation Health Plan, saw its 401(k) “forfeited funds” lawsuit dismissed earlier this month, Cigna was sued last week for similar ...

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their ... a settlement agreement. The Cigna Group is the latest company ...

This class-action suit is one of 50 filed in the past two years by employees challenging how employers use the “forfeited ...

It is the latest in a series several dozen lawsuits alleging ERISA violations. It was filed in a U.S. District Court in Philadelphia on May 14 as Reven et al. vs. The Cigna Group 401(k ...

The investment bank was accused of mismanaging forfeited funds in its 401(k) plan by using them toward reducing employer ...

The Cigna Group 401(k) Plan Ret. Plan Comm., E.D. Pa., No ... However factual it may turn out to be, the initial lawsuit in any action is only one side, and one generally crafted toward a particular ...

UnitedHealth Group has been served with two lawsuits from different plaintiffs and different law firms with the same allegations: The company’s 401(k) plan misused employer matching funds ...