The company is now facing its second lawsuit in as many months over how it handled forfeitures in its $13 billion 401 (k) plan. If you’re a fiduciary—or advise one—pay attention.

Some of the biggest ERISA issues over the last year included those over 401(k) forfeited contributions and ESG investing, according to Gerald Maatman, co-author of the 2025 ERISA Class Action Review.

A wave of ERISA lawsuits could alter workplace retirement plans By Elijah Nicholson-Messmer April 29, 2025, 5:20 p.m. EDT 5 Min Read wutzkoh - stock.adobe.com ...

Workplace retirement plans are facing a growing wave of class action lawsuits under the Employee Retirement Income Security Act (ERISA), pushing employers to evaluate the policies that dictate how 401 ...