Tag: Bechtel Corp

Cigna’s $35M Settlement on 401(k) Fees Includes Investment Review

Cigna has agreed to settle for $35 million a class-action lawsuit brought by current and former employee participants in the health insurance company’s 401(k) plan, alleging they were charged excessive fees. As part of the settlement Cigna pledged to hire an independent consultant to monitor and suggest changes for the 401(k)’s stable value fund and its overall investment management. […]

At-Will Employment: Supreme Court Clarifies Termination Rights, But Personnel Policies Can Limit Your Options; 3 Ways To Protect Yourself

Some employees have tried to get around their at-will status by claiming long service and repeated promotions created an implied agreement that they would only be terminated for good cause. Now the California Supreme Court has made clear that this argument won’t fly. However, the court left the door open for a person’s at-will employment […]