First Union 401(k) class action

News Archives: 2001 | 2000 | 1999

1999 Articles

Pensions & Investment, "401(k) Precedent? First Union Suit May Help Define Responsibility," September 20, 1999.

Morning Star, "Experts say 401(k) lawsuit may rattle bank industry," September 10, 1999.

The American Banker, "In Brief: 1st Union Workers Suing Over 401(k)," September 9, 1999.

Charlotte Observer, "First Union 401(k) suit may ripple; Other companies will be watching outcome on employee investment options," September 9, 1999.

The Baltimore Sun, "First Union employees sue over 401(k) plans; Suit alleges managers charged higher fees, got 'monopolistic profits'," September 8, 1999.

CBS MarketWatch, "Mutual Understanding: First Union facing 401(k) suit," September 8, 1999.

Florida Times-Union, "18 employees sue First Union; Allegations surround 401(k) investments," September 8, 1999.

Richmond Times Dispatch, "Suit says plan favors the bank; First Union workers challenge 401(k) fund," September 8, 1999.

The New York Times,"Ex-Employees Sue First Union Over Costs of 401(k) Plan," September 8, 1999.

The Wall Street Journal, "Eighteen Former, Current Employees Sue First Union Over 401(k) Assets," September 8, 1999.

The Washington Post, "First Union Workers File Suit Over 401(k)," September 8, 1999.

USA Today, "First Union accused of gouging employees," September 8, 1999.

Kiplinger's, "The Case of the 401(k) Sellout," September 1999.

Plan Sponsor, "Proprietary Problems," July-August 1999.

CFO Magazine, "When Pensions Change Hands," August 1999.

Treasury & Risk Management, July 1999.

The New York Times, "First Union Is Sued Over 401(k) Switch," May 6, 1999.

The Wall Street Journal, "Bank Workers Sue First Union For 401(k) Shift," May 6, 1999,

Pensions & Investments, "Legal Fallout: Signet Outcome Could Change How Retirement Plans Are Run; $150 Million, Fees Demanded From First Union," May 17, 1999.