Americans are switching jobs more often, and it’s costing them a chunk of their retirement savings. Some 30% of people leaving their jobs forfeited money when they walked out the door, according to [n ...

The General Assembly Retirement System of Illinois sent the former Illinois Speaker of the House notice by mail, according to ...

Illinois taxpayers are off the hook for Michael Madigan’s future pension payments, now that the former Illinois House speaker ...

The first violation would result in a fine, but the second offense brings a fine and forfeiture of the car to the state.

In Hutchins v. HP Inc., the U.S. District Court for the Northern District of California dismissed – with prejudice – the plaintiff's ...

Former Illinois House Speaker Mike Madigan was convicted of misusing his public office for his own power and profit. Not only ...

The lawsuit, like many 401(k) lawsuits filed by employees over the past year, challenged HP’s decision to use “forfeitures” ...

Forfeiture cases are no longer nuisance lawsuits, as top law firm Schlichter Bogard, which has been representing many ...

The plaintiffs in the case against Charter Communications Inc. allege the telecommunications giant ‘misused’ forfeited plan ...

Yet another 401(k) forfeiture fiduciary breach suit has been filed — this one by none other than the law firm of Schlichter Bogard, LLC.

Charter Communications Inc. mismanages its $7.8 billion retirement plan by using the money departing workers forfeit to satisfy its obligation to contribute to the plan, three former employees said in ...

When it comes to ERISA ligation, even if at first you do succeed, you often have to try, try again. Certainly that’s been the case of the fiduciaries of the HP 401(k) plan, one of a number of national ...