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New strategy in 401(k) lawsuits: Ask for settlement before suit filed

A new entrant to the world of 401(k) lawsuits has been contacting plan sponsors out of the blue and implying that they should settle.

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Risks to 401(k) accounts when a company closes

Federal law generally protects savings in workers’ retirement plans when a company files for bankruptcy protection or goes out of business. Yet, there may still be situations when employees lose

United statesUniversity of massachusettsNew yorkNorman steinColleen medillAnna marie taborStephen gawlikPlan sponsor council of americaPension action centerNew york timesLabor departmentDepartment of laborWagner law groupBed bath beyondUniversity of massachusetts school lawEmployee benefits security administration

Why some ex-workers at Bed Bath & Beyond face 401(k) losses

Why some ex-workers at Bed Bath & Beyond face 401(k) losses
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United statesNew yorkAnna marie taborNorman steinStephen gawlikColleen medillPension rights centerWagner law groupPension action centerUniversity of massachusetts school lawPlan sponsor council of americaUniversity of nebraska college lawBed bath beyondNew york timesLabor departmentEmployee benefits security administration

Department of Labor Recovers $22 5 million for ESOP

The plan’s former trustee, Reliance Trust Company, settled a complaint following an investigation.

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Why Some Ex-Workers at Bed Bath & Beyond Face 401(k) Losses

Federal law generally protects retirement savings when a company files for bankruptcy. But that’s not always the case.

United statesNew yorkMariac obrienStephen gawlikNorman steinAnna marie taborColleene medillWagner law groupEmployee benefits security administrationUniversity of massachusetts school lawBoston university school of lawNew york timesDepartment of laborPension action centerBed bath beyond incPension rights center