Fiduciary Duty - USA Herald

America February 18, 2025

Boston Children’s Hospital Reaches Settlement in Retirement Plan Lawsuit

Boston Children’s Hospital has reached a settlement in a high-stakes lawsuit accusing the institution of mismanaging its $1.1 billion retirement…

By Rihem Akkouche

America October 31, 2024

Iron Mountain Settles 401(k) Fee Suit

Iron Mountain Inc., a global storage and information management firm, has agreed to settle a proposed class action alleging it…

By Rihem Akkouche

America October 4, 2024

Quest Diagnostics Escapes 401(k) Mismanagement Suit

A New Jersey federal judge dismissed a proposed class action against Quest Diagnostics Inc., in which former employees accused the…

By USA Herald

America August 14, 2024

Nordstrom Saddled 401(k) Plan With High Fees

Nordstrom Inc. is facing a lawsuit filed in Washington federal court, accusing the company of burdening its employees’ 401(k) retirement…

By Rihem Akkouche

America July 17, 2024

Apple Slowed iPhone Derivative Deal Gets Green Light from Judge

A California federal judge has approved Apple’s non-monetary settlement in a derivative-shareholder lawsuit over claims that it secretly slowed iPhones.…

By Rihem Akkouche

America July 12, 2024

First Republic $7M Settlement Reached in Fiduciary Breach Case

A philanthropist couple has reached an agreement to resolve their $7 million breach of fiduciary duty allegations against the now-failed…

By Rihem Akkouche

America June 5, 2024

NY Life Atty $19M Cut: Federal Court Asked to Approve $6.3M Attorney Fees

Current and former New York Life workers asked a New York federal court Wednesday to approve nearly $6.3 million in…

By Rihem Akkouche

America June 3, 2024

Judge Allows TIAA Retirement Suit to Proceed

A New York federal judge has allowed a suit alleging that the Teachers Insurance Annuity Association of America (TIAA) violated…

By Rihem Akkouche

America June 1, 2024

WWE’s $21 Billion Merger with Endeavor Spurs Competing Lead Plaintiff Bid

Wilmington, DE – Two groups of shareholders have filed competing pitches for the lead plaintiff role in a consolidated class…

By Rochdi Rais

Northeastern University Faces Heat in Retirement Plan Fee Suit

America April 18, 2024

Northeastern University Faces Core of Retirement Plan Fee Lawsuit

In a legal saga unfolding with suspense and complexity, Northeastern University confronts allegations of compromising its employees’ retirement savings through…

By Rochdi Rais