X
01Jul

MFS is latest proprietary fund settlement

Ary Rosenbaum | | Return|
Massachusetts Financial Services Co. (MFS) has reached a settlement of nearly $7 million in a lawsuit alleging that the company enriched itself at the expense of its employees’ retirement savings by loading its 401(k) plans with costly,...
By: Ary Rosenbaum
Source Url: https://www.jdsupra.com/legalnews/mfs-is-latest-proprietary-fund-51258/

Related

Do German Works Councils Have a Say on Company Twitter Accounts?

The German Federal Labor Court (Bundesarbeitsgericht – BAG) will rule on February 25, 2020 whether ...

Read More >

Hospital Settles Claim Of Religious Discrimination Based On Applicant’s Refusal Of Flu Vaccine

The EEOC announced that it reached a $74,418 settlement with a hospital in Owosso, Michigan, to sett...

Read More >

On Or Off-Duty, Meal Periods Must Be 30 Minutes

Seyfarth Synopsis: A California Court of Appeal has held that on-duty meal periods under IWC Wage Or...

Read More >

Illinois’ New Retainage Law

Effective August 20, 2019, Illinois law provides that a maximum of 10 percent retainage may be withh...

Read More >

Caribbean Farmers Market to Pay $25,000 to Settle EEOC Sexual Harassment and Constructive Discharge Lawsuit

Company Failed to Stop a Male Manager's Harassment of Female Employee, Federal Agency Charges - AT...

Read More >

Qualified Retirement Plan Considerations and 2019 Year-End Action Items

Our Employee Benefits & Executive Compensation Group reminds plan sponsors to get ready for 2019 IRS...

Read More >