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The Labor Department has filed a motion to pause two federal court cases challenging the Retirement Security Rule, which was finalized last April and had been set to go into effect last September, but has been beset by lawsuits.

Forfeiture cases are no longer nuisance lawsuits, as top law firm Schlichter Bogard, which has been representing many plaintiffs in recent 401(k) excessive fee lawsuits, is representing the telecommunications company’s participant-plaintiffs.

The letters were signed by the America’s Agenda, Blue Shield of California, the ERISA Industry Committee, National Association of Chain Drug Stores, National Community Pharmacists Association, PBM Accountability Project and Transparency-Rx.

The lawsuit, like many 401(k) lawsuits filed by employees over the last year, challenged HP’s decision to use “forfeitures” to reduce employer contributions rather than to pay administrative costs.

Ken Paxton's opinion puts Texas on a collision course with employer groups that say ERISA should shield the plans from the state rules.

The class action lawsuit, filed on behalf of 60,000 plan participants, alleges the airline failed to replace a “chronically underperforming” large-cap fund holding over $2 billion in retirement plan assets for 15 years – and “still continues to this day.”

The ERISA Industry Committee, along with two other industry groups, is seeking the dismissal of the drugmaker’s PRT class action lawsuit over the transfer of its pension plan to Athene Annuity, alleging a breach of fiduciary duties.

The banking giant has been hit with a class action lawsuit, alleging it used retirement plan contributions from departing employees to “offset its employer contributions” rather than reducing plan administrative fees, violating ERISA.