Illinois Federal Judge: ERISA Forfeiture Case Mostly Survives Dismissal

( February 6, 2026, 1:19 PM EST) -- CHICAGO — Noting that the plan language “mandates the Plan Committee to utilize forfeitures to pay reasonable administrative expenses . . . before offsetting employer contributions,” an Illinois federal judge ruled that all claims except two prohibited transaction ones survive dismissal in a suit that is part of a wave of putative class cases challenging a common use of forfeited nonvested matching retirement contributions....

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