Try our Advanced Search for more refined results

Nelsen et al v. Principal Global Investors Trust Company et al

Track this case

Case Number:

4:18-cv-00115

Court:

Iowa Southern

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Stephanie M. Rose

Firms

Companies

Sectors & Industries:

  1. October 07, 2020

    Principal Global Plan Participants Drop ERISA Suit For Good

    Retirement savers abruptly agreed to end for good their proposed class action accusing Principal Global Investors Trust Co. and related entities of violating the Employee Retirement Income Security Act by using their savings to line its own pockets, while noting that no settlement was reached.

  2. October 03, 2019

    Retirement Savers Seek Cert. In Principal Global ERISA Suit

    Retirement savers with investments in certain funds managed by Principal Global Investors Trust are looking to certify a class of "hundreds of thousands" of retirement plan participants in their suit accusing the asset manager of using their savings to line its own pockets.

  3. September 25, 2019

    Principal Global Loses Bid To Dodge ERISA 401(k) Suit

    Principal Global Investors Trust Co. has lost a bid to dodge the remainder of a proposed Employee Retirement Income Security Act class action accusing the Iowa-based asset management company of profiting at the expense of 401(k) participants by investing their retirement savings in lousy proprietary products.

  4. February 08, 2019

    Principal Global Challenges Order Keeping 401(k) Row Alive

    Principal Global Investors Trust Co. has asked a federal judge to rethink an order that partially denied the company's bid to toss a proposed Employee Retirement Income Security Act class action claiming it profited at the expense of 401(k) participants by investing their retirement savings in lousy proprietary products.

  5. January 24, 2019

    Principal Global Must Face 401(k) Savers' ERISA Suit

    Principal Global Investors Trust Co. can't escape a proposed Employee Retirement Income Security Act class action alleging that it profited at the expense of 401(k) participants by investing their retirement savings in lousy proprietary products, an Iowa federal judge ruled Thursday.

  6. September 26, 2018

    Principal Global Fights Nod To M&T Bank Ruling In ERISA Suit

    Asset management company Principal Global Investors Trust Co. on Wednesday told an Iowa federal judge that another court's decision to allow certain Employee Retirement Income Security Act claims against M&T Bank doesn't mean a proposed class action accusing it of breaching its fiduciary duties to 401(k) plan participants should survive.

  7. September 20, 2018

    401(k) Savers Fight Dismissal Bid In Principal Global Suit

    A proposed class of 401(k) participants with investments in Principal Global's target fund date products urged an Iowa federal judge on Wednesday not to toss their Employee Retirement Income Security Act suit against the company, pointing to a recent ruling that allowed certain ERISA claims against M&T Bank.

  8. June 26, 2018

    Principal Global Seeks To Kill 401(k) Class Action

    Principal Global Investors Trust Co. urged an Iowa federal judge to can a proposed class action accusing the company of breaching its fiduciary duties to 401(k) plan participants by failing to replace allegedly underperforming target date fund investments, telling the court the participants didn't show the investments underperformed.