Earlier this year, the judge again dismissed Abbott from the suit, leaving Alight as a defendant. 11,620 U.S.-based Employees. The case was filed Dec. 16 in Georgia Northern District. A spokesperson for Principal said the company offers a customer protection guarantee where well reimburse a customers employer-sponsored account in the event of unauthorized activity. Class-Action Suit Over Allstate 401(k) Plan Can Go Forward The judges rejected this claim. By John Manganaro Fax: 1.847.554.1444. The U.S. Department of Labor headquarters in Washington, D.C. Judge again dismisses 401(k) lawsuit against Capital One over BlackRock TDFs, Judge nixes request by Yale-New Haven Hospital to discharge allegations over 403(b) fees, Judge tosses 401(k) suit against Booz Allen over BlackRock TDFs, again, Sponsored Content: 2023 Investment Outlook, The Institutional Investors Guide to ESG Investing, Climate Change: The Inescapable Opportunity, 2022 Defined Contribution East Conference, DOL investigation of the record keeper's cybersecurity practices, DOL says agency can subpoena documents in Alight ERISA probe, DOL began investigating Alight in July 2019, Labor Department seeks to compel Alight in ERISA probe, Abbott Labs, Alight sued over 401(k) security breach, Supreme Court's EPA decision could put DOL rule-making in crosshairs. 10011461 The Department of Labor investigated Alight, following a discovery that Alight processed unauthorized distributions of plan benefits due to cybersecurity breaches, and sent Alight an administrative subpoena duces tecum, seeking documents in response to 32 inquiries, including broad demands, such as [a]ll documents and communications relating to services offered to ERISA plan clients. Alight produced some documents but objected to several inquiries, citing its duty to keep certain information confidential. A subpoena was issued to Alight Solutions by the U.S. Department of Labor (DOL) for documents related to a cybersecurity breach that potentially resulted in Employee Retirement Income Security Act (ERISA) violations. Estee Lauders 401(k) plan had about $1.6 billion in assets and about 17,000 participants as of the end of 2018, according to Department of Labor data compiled by BrightScope. California woman files $10 million suit against former employer for Working at Alight Solutions: 771 Reviews (2023) | Indeed.com Alight Ordered to Comply With DOL Subpoena Related to - PLANSPONSOR A participant who saw $99,000 vanish from her 401(k) via unauthorized distributions has reached a settlement with her former employer, Estee Lauder, as well as record keeper Alight Solutions. Signed by John Brubaker, Clerk of Court, on 1/21/2022. Human Capital Solutions | Alight (LITTRELL, SARA) (Entered: 02/07/2022), (#7) NOTICE of Initial Pretrial Conference Hearing: Initial Pretrial Conference Hearing set for 4/20/2022 09:30 AM in Durham Courtroom #1 before MAG/JUDGE JOE L. WEBSTER. 1:22-CV-03616 | 2022-09-08, U.S. District Courts | Labor | UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. ), filed by CHRISTOPHER BARRETT. Employers Beware: Non-Disparagement and Confidentiality Covenants in Consultation Paper On Review of Corporate Governance Norms For A High Californias War On The Fast-Food Industry Continues. Alight asked the District Court to quash the subpoena, arguing the DOL "lacked the authority to investigate the company because Alight is not a fiduciary under ERISA" and that the subpoena "was too indefinite to enforce and sought documents unrelated to ERISA plans," according to the appeals court. The subpoena also specifies that, unless otherwise noted, the time period covered by the subpoena is from January 1, 2015, to the date of production.. A separate suit filed by a participant in the Estee Lauder 401(k) plan, in which Alight Solutions was also named as a defendant was dismissed after the parties announced they had agreed to a settlement of the charges. The firm would be one of several companies providing sustainable target-date funds in the US. Data security has become an increasingly important topic for plan sponsors and service providers over the past several years, particularly as caches of private data have been compromised, such as the Equifax breach. The training is fast past with tons of assessments. According to the plaintiffs, this case arises from defendants reckless actions in allowing an unknown individual to prey on and steal hundreds of thousands of dollars from the retirement savings of the plaintiff, a retired former employee of Abbott Laboratories, which were held in Abbott Corporate Benefits Stock Retirement Plan., Defendants failed to enforce a security question routine set up for security purposes on the defendants website, www.abbottbenefits.com, and instead simply provided a one-time code over the phone that was used to loot [plaintiffs] account, the complaint states. NLRB Places New Limitations on Confidentiality and Non-Disparagement Settlement Will Benefit Many Aging-Out Children in the Green Card SEC Commissioner Discusses Reform to Regulation D, Massachusetts AG Settles Enforcement Action Against Auto Lender. Learn how Alight helps organizations of all sizes, including . Two days later, on December 31, 2018, an unknown individual (the Impersonator) contacted the Abbott Benefits Service Center, claiming to be [plaintiff], the complaint states. 8:21-cv-00187 in the California Central District Court. Please prove that you're human. If you do not agree with these terms, then do not use our website and/or services. (#7) SEALED DECLARATION IN SUPPORT OF APPLICATION to file document portions of the Complaint under seal #6 filed by Plaintiff Ca, Inc.. (Attachments: #1 Unredacted Document Complaint)(Plessman, Alison) (Entered: 11/03/2021), (#6) APPLICATION to file document portions of the Complaint under seal filed by Plaintiff Ca, Inc.. (Attachments: #1 Proposed Order, #2 Redacted Document Complaint)(Plessman, Alison) (Entered: 11/03/2021). BARRETT v ALIGHT SOLUTIONS LLC | 1:21-CV-00982 - UniCourt Alight Solutions, LLC Attorney/Law Firm Details Plaintiff Attorneys Alison Plessman Attorney at Hueston Hennigan LLP 523 West 6Th Street Suite 400 Los Angeles, CA 90014 Salvatore Umberto Bonaccorso Attorney at Hueston Hennigan LLP 523 West 6Th Street Suite 400 Los Angeles, CA 90014 Court Documents #1 About Us | Alight Expanding Regulatory Reach over Intermediaries That May Constitute How to Value Digital Assets for Donation to Charity. Reason 5: Strong, reliable revenue & cash flow stream currently trading at a steep discount. (Attorney Salvatore Umberto Bonaccorso added to party Ca, Inc.(pty:pla))(Bonaccorso, Salvatore) (Entered: 11/03/2021), Docket(#7) SEALED DECLARATION IN SUPPORT OF APPLICATION to file document portions of the Complaint under seal #6 filed by Plaintiff Ca, Inc.. (Attachments: #1 Unredacted Document Complaint)(Plessman, Alison) (Entered: 11/03/2021), Docket(#6) APPLICATION to file document portions of the Complaint under seal filed by Plaintiff Ca, Inc.. (Attachments: #1 Proposed Order, #2 Redacted Document Complaint)(Plessman, Alison) (Entered: 11/03/2021), Docket(#5) NOTICE of Appearance filed by attorney Alison Plessman on behalf of Plaintiff CA, INC. d/b/a CA TECHNOLOGIES (A BROADCOM COMPANY) (Plessman, Alison) (Entered: 11/03/2021), Docket(#4) NOTICE of Interested Parties filed by Plaintiff CA, INC. d/b/a CA TECHNOLOGIES (A BROADCOM COMPANY), identifying Broadcom Inc.. (Plessman, Alison) (Entered: 11/03/2021), Docket(#3) Request for Clerk to Issue Summons on Complaint (Attorney Civil Case Opening) #1 filed by plaintiff CA, INC. d/b/a CA TECHNOLOGIES (A BROADCOM COMPANY). DOL Subpoenas Alight Solutions For Possible ERISA Violations (Plessman, Alison) (Entered: 11/03/2021), (#4) NOTICE of Interested Parties filed by Plaintiff CA, INC. d/b/a CA TECHNOLOGIES (A BROADCOM COMPANY), identifying Broadcom Inc.. (Plessman, Alison) (Entered: 11/03/2021), (#5) NOTICE of Appearance filed by attorney Alison Plessman on behalf of Plaintiff CA, INC. d/b/a CA TECHNOLOGIES (A BROADCOM COMPANY) (Plessman, Alison) (Entered: 11/03/2021), (#8) Notice of Appearance or Withdrawal of Counsel: for attorney Salvatore Umberto Bonaccorso counsel for Plaintiff Ca, Inc.. Breaking the Link New Developments on U.S. McCarthy defends giving Fox thousands of hours of J6 video Alight has been named as a defendant in two lawsuits filed by retirement plan participants who claim the company and their employers breached ERISAs fiduciary duties when unauthorized distributions were taken from the participants accounts. In his court order, Kness said the subpoena power is broad. Filed by plaintiff CA, Inc. d/b/a CA Technologies (A Broadcom Company). The District Court ruled the DOL's investigatory authority wasn't restricted to fiduciaries and that the requested information was relevant to the ERISA investigation. You need not take any action in response to this notice unless and until the Court directs you to do so. Share. Disclaimer: Justia Annotations is a forum for attorneys to summarize, comment on, and analyze case law published on our site. Biden tapped the deputy secretary of labor to take over as head of the DOL, with a Senate confirmation hearing 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. According to the lawsuit, Snyder spent more than 20 years working remotely as a computer programmer and coder for Alight Solutions, an outsourcing company based in Illinois. 2:22-CV-01698 | 2022-09-26, U.S. District Courts | Property | The unknown user entered the last four digits of [plaintiffs] Social Security number and her date of birth. Woman Sues Alight Solutions Over ERISA Claims | Daily Report On September 14, 2021, CA sent Alight: (1) a notice of material breach terminating the license agreement immediately; (2) a demand to cease and desist its unauthorized use of CA software; and (3) a demand for payment to cover the period of Alights unauthorized use., The Plaintiff further alleged that, As a courtesy, CA provided Alight with ten business days to provide the written certification that all copies of CA software had been returned or destroyed and were no longer being used. Alight's 15,000 dedicated colleagues serve more than 30 million employees and family members. No Reproduction Without Prior Authorizations. Finally, one place to get all the court documents we need. Leading up to the lump-sum offer and annuity placement of plan liabilities, the lawsuit claims, Aon Hewitt used an investment strategy designed to hedge interest rate risk and increase the plans funded status that did not pan out and resulted instead in a loss to the plan.Alight Solutions was named as a defendant in the case because after most of the services had been provided under the contract in question and the plan had been terminated, Aon Plc entered into a sales agreement with Tempo Acquisition LLC for the sale of various business entities, including Hewitt. 3:22-CV-00171 | 2022-03-29, U.S. District Courts | Other |