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Schlichter, Bogard & Denton, on Behalf of Cigna 401(K) Plan Participants, Settles Excessive Fee Lawsuit for $35 Million

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Schlichter, Bogard & Denton, on Behalf of Cigna 401(K) Plan Participants, Settles Excessive Fee Lawsuit for $35 Million Powered By Docstoc
					
				
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posted:6/21/2013
language:Japanese
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Description: ST. LOUIS--(BUSINESS WIRE)--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. Case No. 07-02046 in the U.S. Federal Court for the Central District of Illinois. The case involves disputes over the handling of the Cigna 401(k) plan, the prudence and level of fees of certain plan investment options, and the sale of
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