ERISA Class Action Filed Against J.P. Morgan Over Defunct American Century SVF

J.P. Morgan Retirement Plan Services, and related entities including J.P. Morgan Chase & Co., have been hit with an ERISA class action by participants who invested in the now defunct American Century Stable Asset Fund (“ACSAF”). The name of the case is Knee v. J.P. Morgan Retirement Services and it was filed two days ago … Continue reading ERISA Class Action Filed Against J.P. Morgan Over Defunct American Century SVF

Victory for Plaintiffs: 7th Circuit Allows Class Certifications for Excessive Fee Cases

Back in May, we previously discussed the oral argument held in the 7th Circuit case Abbott v. Lockheed Martin Corporation. At issue was the district court’s denial of class certification in an excessive fee case. Today, August 7, the 7th Circuit issued a plan participant/plaintiff friendly opinion reversing the district court’s denial of class certification and providing … Continue reading Victory for Plaintiffs: 7th Circuit Allows Class Certifications for Excessive Fee Cases

Oral Argument Held in 7th Circuit Class Certification Appeal

On May 29, 2013, the parties in Abbott v. Lockheed Martin Corporation had their oral argument before the 7th Circuit Court of Appeals. As a refresher, this case is on an interlocutory Rule 23(f) appeal after the district court partially granted class certification and partially denied it. This means that its an appeal in the middle of … Continue reading Oral Argument Held in 7th Circuit Class Certification Appeal

New Cases Added to the ERISA Litigation Index – May 2013

Since the launch of the ERISA Litigation Index, the response from the industry at large has been overwhelming. We sincerely appreciate the messages of support, as well as the numerous suggestions for additional cases. Here is a summary of the cases added in the last week: Abbott v. Lockheed Martin Corporation – Southern District of … Continue reading New Cases Added to the ERISA Litigation Index – May 2013