September 26, 2014
A Connecticut federal judge on Thursday approved ING Life Insurance and Annuity Co.'s settlement worth $415 million to end a class action accusing the insurer of forming revenue sharing agreements with mutual funds that amounted to kickbacks and violated the Employee Retirement Income Security Act.
November 02, 2012
ING Life Insurance & Annuity Co. on Thursday argued against a class of retirement plan administrators accusing the insurer of working out certain revenue-sharing agreements with mutual funds that allegedly violate the Employee Retirement Income Security Act.
September 28, 2012
A Connecticut federal judge on Thursday certified a class of retirement plan administrators in a case alleging ING Life Insurance & Annuity Co. entered revenue sharing agreements with mutual funds that amounted to kickbacks and violated the Employee Retirement Income Security Act.
February 03, 2012
ING Life Insurance & Annuity Co. on Thursday argued that the U.S. Supreme Court's Amara decision negated a ruling that one of three claims could proceed to trial in a putative class action alleging ING engaged in a pay-for-play scheme with mutual funds in violation of the Employee Retirement Income Security Act.
January 19, 2012
A Connecticut federal judge on Thursday said most claims are not time-barred in a pension plan administrator's putative class action alleging ING Life Insurance and Annuity Co. engaged in a pay-for-play scheme with mutual funds in violation of the Employee Retirement Income Security Act.
February 24, 2011
A pension plan administrator lodged a class action against ING Life Insurance and Annuity Co. in a Connecticut federal court Wednesday, claiming it engages in a pay-for-play scheme with mutual funds in violation of the Employee Retirement Income Security Act.