Two federal courts reached different decisions in separate complaints that accused large employers of mismanaging employee retirement plans in violation of the Employee Retirement Income Security Act.

The number of ERISA class actions against Fortune 500 entities was up 162% in May, according to data from Law.com Radar. Crane Co., an industrial products manufacturer, was accused in a class action ...

Current and former employees of Lockheed Martin sued the company on Wednesday over what they claim is a high-cost, low-return, in-house retirement plan — a “leaching operation,” they say. The ...

Buyers want to ensure that they will not inherit complicated, costly, or noncompliant benefits plans, and sellers want to ...