Rise in Litigation Over 401(k) Forfeitures
Employers managing 401(k) assets forfeited by former employees are encountering a surge in lawsuits. These litigations claim misuse of plan…
fiduciary duties
Lawsuits Question 401(k) Handling: Possible Violation of Federal Law
In a recent legal development, several major companies, including Qualcomm Inc., Intuit Inc., Clorox Co., and Thermo Fisher Scientific Inc.,…