ERISA Forfeiture Developments Include 2 More Rulings Denying Dismissal

( August 25, 2025, 9:34 AM EDT) -- Just over two years after a wave of Employee Retirement Income Security Act suits challenging a common use of forfeited nonvested matching retirement contributions were filed, the case law is developing rapidly; although the majority of dismissal motions have been granted, federal judges in North Carolina and Florida recently denied dismissal in putative class cases filed against Bank of America Corp. (BOA) and NextEra Energy Inc....

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