ERISA Class Action Watch

News and Updates on ERISA Class Action Lawsuits

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Entries Tagged as 'New suits'

New Suit Against UNUM

May 23rd, 2007 · No Comments

The National Consumer Law Center has filed an interesting (and possibly procedurally defective) complaint against UNUM Life Insurance in Massachusetts. The core allegation is that instead of paying lump-sum death benefits as required by its policies, UNUM instead gave beneficiaries a check book that drew on an account maintained by UNUM. UNUM thus profited by keeping the […]

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Tags: New suits

RadioShack Hit with Stock Drop & Fee Suit

May 16th, 2007 · 2 Comments

The RadioShack 401(k) Plan and ESOP are being sued in the Northern District of Texas. A brief look at the complaint shows that this is primarily a company stock drop suit. These suits are becoming as routine as shareholder derivatives following a stock decline, but two things stand out in this complaint:

Although RadioShack stock has […]

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Tags: 401(k) fee · New suits · Company Stock

New Class Action Against FedEx

May 8th, 2007 · No Comments

A complaint filed in the WD NC alleges that FedEx deprived North Carolina drivers of benefits by wrongfully classifying them as independent contractors. 

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Wal-Mart 401(k) Plan Sued

April 25th, 2007 · No Comments

Keller Rohrback and others have filed a nationwide class action in the E.D. Penn. against Wal-Mart. The complaint builds on allegations (and a jury verdict in Pennsylvania) that Wal-Mart has failed to compensate employees for all of the hours they worked. The idea is that because Wal-Mart makes profit-sharing contributions to 401(k) plan participants’ accounts based on their […]

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Tags: New suits