November 20, 2023
A recent crop of Employee Retirement Income Security Act suits from ex-workers challenging the decision to retain certain BlackRock investment options in their 401(k)s have stumbled in federal court.
November 13, 2023
An ex-worker for Conde Nast's holding company told a New York federal court that he would drop his proposed class action alleging that the company unlawfully kept poorly performing BlackRock funds in its 401(k) plan, a development that comes as similar suits have struggled to survive dismissal nationwide.
June 13, 2023
A lack of detail dooms a proposed class action alleging the holding company behind Conde Nast unlawfully kept poorly performing BlackRock funds in its 401(k) plan, a New York federal judge ruled Tuesday, tossing the suit while giving the former employee who filed it a chance to amend his claims.
June 02, 2023
A former employee who accused the holding company behind Conde Nast of violating federal benefits law by retaining poorly performing BlackRock funds in its 401(k) plan asked a New York federal judge for class certification, saying group treatment is warranted.