401(k) Mismanagement

Working For Your 401(k) Rights

Federal Claims Against Milliman, Inc. Employers offer a number of employee benefits to attract and retain their workforce. One of those very important employee benefits is a retirement savings plan known the 401(k) plan. The Employee Retirement Income Security Act (“ERISA”) is a federal law that governs how employers are to manage their 401(k) plan. It imposes strict fiduciary duties…

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Goldman Sachs and Morgan Stanley Accused of Stock Dump, Trading on Insider Information

The New York Law Journal is reporting that investors in the Chinese company Tencent Music Entertainment Group have sued Goldman Sachs Group Inc. and Morgan Stanley, accusing the investment banks of using insider information to dump shares of the firm in March. The lawsuit, filed last week in Manhattan federal court, named both Goldman and Morgan Stanley over a massive stock sell-off…

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