Schlichter Bogard & Denton Reaches Tentative Settlement with Cigna Corporation et al.

Schlichter Bogard & Denton

Schlichter Bogard & Denton, a St. Louis law firm, today announced it has reached a tentative settlement with Cigna Corporation and Prudential Retirement Insurance and Annuity Company (PRIAC) of Nolte, et al. v. Cigna Corp., et al. in the U.S. Federal Court for the Central District of Illinois.

Please click here for details.

-------------------------------------------------------------------------------

Industry Reaction to Cigna 401(k) Settlement:

Cigna, Prudential Settle Excessive Fee Lawsuit for $35 Million (Fraplan Tools)
Cigna and Prudential agree to pay $35 million in suit over 401(k) fees (STLToday)
Cigna Settles Excessive Fee Lawsuit for $35 Million (Fort Mills Times)
Limiting the 401k Finder?s Fee (NY Times)

-------------------------------------------------------------------------------

For more information about 401(k) plans Schlichter, Bogard & Denton is investigating, please click here.


PDF     Download