March 04, 2026
A New York federal judge on Wednesday narrowed a proposed class action alleging the Teachers Insurance Annuity Association of America and its affiliates violated federal benefits law by coercing retirees into higher-cost managed accounts, holding individual retirees lacked standing to sue on behalf of participants in thousands of other plans.
June 03, 2024
A New York federal judge refused to toss retirees' suit alleging the Teachers Insurance Annuity Association of America violated federal benefits law by coercing them into transferring their assets into higher-fee managed accounts, finding the retirees' new theory of liability should proceed to discovery.
August 23, 2023
A New York federal judge revived a proposed class action that accuses Teachers Insurance Annuity Association of America of coercing retirement plan savers to transfer assets into higher-fee accounts, saying the retirees may be able to show the investment services company profited off that advice.
September 28, 2022
A New York federal judge dismissed a suit claiming the Teachers Insurance Annuity Association of America violated federal benefits law by inducing participants in employer-sponsored retirement plans to transfer assets into higher-fee accounts, finding a proposed class of investors failed to allege TIAA acted as a fiduciary when recommending rollovers.