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The plaintiffs in this lawsuit allege that Novant Health, Inc. violated the Employee Retirement Income Security Act by breaching fiduciary duties.  Millions of dollars worth of excessive record-keeping and administrative services are among the claims that have lead Novant Health to settle for upwards of $32 million.  There are two settlement classes: former and current participants.

This securities fraud class action lawsuit alleges that KLX, Inc. violated the federal securities law by materially misrepresenting the value of its intangible assets and its goodwill associated with the Company's Energy Services Group, along with its policies and the methodology implemented to calculate goodwill, risk and asset impairment, conduct which ultimately caused significant losses to investors.

This class action lawsuit alleges that Deutsche Bank Americas Holding Corp. and other fiduciaries of the Deutsche Bank Matched Savings Plan breached duties imposed by the Employee Retirement Income Security Act (ERISA) by engaging in prohibited transactions and unlawful self-dealing with regard to selecting investments, to the the detriment of the Plan, its participants and beneficiaries.

This class action lawsuit alleges that Reliance Trust Company, Insperity and related entities breached fiduciary duties owed to participants and beneficiaries of an ERISA-covered 401(k) plan by allowing payment of unreasonable administrative and recordkeeping fees, payment of unreasonable investment management fees, using low-yielding money market funds without considering other options, failing to monitor fiduciaries and engaging in prohibited transactions between the plan and fiduciaries and the plan and parties in interest.

This class action lawsuit alleges that CNX Gas Company and Noble Energy, Inc. fraudulently entered into lease agreements with the owners of oil and gas mineral rights in West Virginia which provided for flat-fee post production expense deductions from royalty payments owed.

This class action lawsuit alleges that Metropolitan Life Insurance Company ("MetLife") breached its fiduciary duties to ERISA-covered retirement plan clients by failing to disclose key information including the manner in which it sets the internal "crediting rate" used to distribute capital investment income to their accounts.

This class action lawsuit alleges that Chesapeake Energy Corporation intentionally and systematically miscalculated and underpaid natural gas royalties to individual lessors within Pennsylvania.

Total Petrochemical Facility

A class action brought against Total Petrochemicals, Inc. alleges that the company breached its fiduciary duties as administrator of its employee 401(k) fund, because the company is requiring employee participants to sell company stock in the fund back to the company at a loss. The lawsuit is brought under the rules of the Employee Retirement Income Security Act (ERISA).

A class action lawsuit has been filed against video communications giant Talk Fusion that accuses the company of operating a pyramid scheme, a business practice that is illegal in the United States and other parts of the world. 

Starwood Hotels & Resorts (HOT) announced it has entered into a definitive agreement with Marriott International for $2.00 in cash and 0.92 shares of Marriott International per share of Starwood common stock held.

 

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