January 27, 2026
The Eleventh Circuit zeroed in Tuesday on whether a lower court had enough evidence to hand Royal Caribbean a pretrial win in a suit brought by cruise ship workers who alleged they lost 401(k) savings because of shoddy target-date investment funds.
November 18, 2025
Russell Investments Trust Co. has agreed to pay $500,000 to resolve class action claims that it loaded Royal Caribbean's employee retirement plan with underperforming proprietary funds while serving as its investment manager, the plan participant leading the suit has told a Florida federal court.
January 31, 2025
A Florida federal judge tossed a suit Friday claiming Royal Caribbean allowed an investment manager to load its $500 million retirement plan with underperforming proprietary funds, ruling the plan participant behind the class action failed to put forward proof of objective imprudence.