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. (LITTRELL, SARA) (Entered: 02/07/2022), (#6) Corporate Disclosure Statement by Defendant ALIGHT SOLUTIONS LLC. Alight Solutions is registered under the ticker NYSE:ALIT . CA,Inc v Alight Solutions, LLC | 2:21-CV-08684 | Court Records - UniCourt (ak) (Entered: 11/04/2021), (#10) NOTICE RE INTRA-DISTRICT TRANSFER by Clerk of Court due to incorrect intra-district venue selected by the filer. To search specifically for more than one word, put the search term in quotation marks. 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 /. Congress did not confine the departments investigatory power in this manner. Furthermore, the court stated that [a]s the [U.S.] Supreme Court has long recognized, Congress incorporated into ERISA a standard of loyalty and a standard of care, which means that the reasonableness of Alights cybersecurity services, and the extent of any breaches, is therefore relevant to determining whether ERISA has been violated either by Alight itself or by the employers that outsourced management of their ERISA plans to Alight., Alight also argued that in order to comply with the subpoena it would require thousands of hours of work; however, the court was not persuaded by this argument, stating that Alight did not present evidence that compliance was unduly burdensome. Not Quite, Julie Su Nominated to Replace Walsh at DOL, More Providers Offer Group Plan Solutions. Alight Ordered to Comply With DOL Subpoena Related to - PLANSPONSOR Join the Alight Solutions team See Our Latest Jobs 5.0 Current Employee, less than 1 year Amazing place to work. The firm would be one of several companies providing sustainable target-date funds in the US. Alight Solutions | Complaints | Better Business Bureau Profile Alight Must Produce Documents In DOL Probe, 7th Circ. Says A federal judge has ordered a judgment in favor of Aon Hewitt Investment Consulting and Alight Solutions in a case alleging breaches of Employee Retirement Income Security Act (ERISA) fiduciary duties related to pension risk transfer (PRT) transactions. GT's The Performance Review Episode 19: Is the Fight Over AB 51 5 Reasons Community Associations Need an Attorney That Specializes in New York Proposes Regulatory Review and Approval of Material Health CMS Issues Long-Awaiting Medicare Advantage RADV Final Rule, Preventing the Use of Cryptocurrencies to Evade Sanctions. (Brubaker, John) (Entered: 01/21/2022), (#4) Consent MOTION for Extension of Time to File Answer re #1 Complaint by ALIGHT SOLUTIONS LLC. Alight Solutions LLC, Court Case No. Main Office Crime and Public Safety | Can Nonprecedential Decisions Be Relied Upon? This includes multi-factor authentication, account alerts via multiple channels and specialized teams available to immediately assist customers who receive alerts for changes they did not authorize., Envestnet Offering its Financial Planning Tool for Free, 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. Help your business do great things. The first claim alleged deals with Declaratory Judgment (28 U.S.C. Case is transferred to the Southern Division. Signed by John Brubaker, Clerk of Court, on 1/21/2022. If you do not agree with these terms, then do not use our website and/or services. Appeals court rules Alight needs to turn over documents in DOL Finally, one place to get all the court documents we need. In response to this notice, the Court may: (1) order an amended or correct document to be filed; (2) order the document stricken; or (3) take other action as the Court deems appropriate. (ak) (Entered: 11/04/2021), Docket(#8) Notice of Appearance or Withdrawal of Counsel: for attorney Salvatore Umberto Bonaccorso counsel for Plaintiff Ca, Inc.. At Alight, we're in the business of powering . .] 1001-1461 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 Details from the text of the complaint suggest the plaintiff did not share her account password with any individual other than her husband, who is the primary beneficiary of the account assets, which totaled more than $360,000 before the alleged security breach. (Plessman, Alison) (Entered: 11/03/2021), Docket(#2) CIVIL COVER SHEET filed by Plaintiff CA, INC. d/b/a CA TECHNOLOGIES (A BROADCOM COMPANY). GRIFFIN v. LINCOLN LIFE ASSURANCE COMPANY OF BOSTON, Pratt v. Alight Financial Solutions, LLC et al. Your activity looks suspicious to us. COMPANY SIZE. Some politicians see it as part of a viable platform for the 2024 presidential election. 1:21-CV-00799 | 2021-10-13, U.S. District Courts | Civil Right | The Seventh Circuit affirmed an order granting the Departments petition to enforce the subpoena with some modifications. Charlotte, NC 28256-3901. HERE IT IS: The Czars HUGE Breakdown of the FCC NPRM is NOW Telehealth Update: DEA Issues Long-Awaited Proposed Rule on CFPB Provides Guidance on Auto Finance Data Pilot, Two Maui Men Sentenced for Racially Motivated Attack on White Man, US Executive Branch Update March 3, 2023, EPA Holds Third and Final TSCA Engineering Initiative Webinar. Youve missed the point, Anxiety over tax refunds on the rise, Bankrate.com study shows, Gensler steps up warnings to money managers. BIPA ALERT: Illinois Supreme Court Opens the Door to Punitive, President Biden to Nominate Julie Su as New Secretary of Labor, The European Unitary Patent: Why Retailers Should Care, New York City Employers Prepare for AI Bias Law [VIDEO], Administration's WOTUS Rule Muddies Jurisdictional Waters. Working at Alight Solutions | Great Place To Work The following error(s) was/were found: Incorrect event selected. Will ETFs Ever Break Into the Retirement Plan Space. Alight Solutions provides recordkeeping, administrative, and consulting services for over 750 employee benefit plans with more than 20 million plan participants. "Alight's arguments are not persuasive," the judges wrote. Trump asks judge to block Pences testimony to grand jury All rights reserved. You already receive all suggested Justia Opinion Summary Newsletters. For over 25 years, we've been a human capital and business partner to the world's most influential companies, helping them get more out of their benefits, payroll and HR. Alight Financial Solutions - Home NLR does not answer legal questions nor will we refer you to an attorney or other professional if you request such information from us. H-2B Cap for Fiscal Year 2023 Is Met: A Supplemental Cap Increase As COVID-19 Emergency Waivers End, DEA Proposes to Expand Tele- How Employers Need to Prepare for the End of the COVID Public Health USPTO To Transition To Electronically Granted Patents In April 2023, Reductions in Force: Some High-Level Issues To Consider, CMS Streamlines Stark Law Self-Referral Disclosure Protocol (SRDP), The Alice Eligibility Two-Step Dance Continues, FTC is Talking Trash and Zeroing-in on Recyclable Claims, FTC Hosts Forum on Proposed Rule to Ban Noncompete Clauses. Mobile Arbeit und regionale Feiertage was gilt? A class-action lawsuit against Allstate Corp. and its 401 (k) fiduciaries, that complains about Northern Trust, Financial Engines and Alight Financial Advisors, can go forward after a judge in U.S . She represents clients across all industries, such as insurance, health care, education, energy, and construction. The company provides cloud-based digital business and human capital service solutions; particularly within the areas of wealth, health and Human Resources. Lawsuit Filed in Another Cybertheft of Plan Assets - Ascensus LLC Answer due by 2/7/2022. No Reproduction Without Prior Authorizations. Had defendants communicated information to her via email, she would have been able to halt the transfer and would have stopped the transfer., The complaint goes on to specifically allege the defendants breached their fiduciary duties of loyalty and prudence by causing, allowing or processing unauthorized distributions of [plaintiffs] account assets; failing to confirm authorizations for distributions with [plaintiff] before making distributions; failing to provide timely notice of distributions to [plaintiff] by telephone or email; failing to identify and halt suspicious distribution requests, such as requests for multiple distributions to accounts in different banks; failing to establish distribution processes to safeguard the plans assets against unauthorized withdrawals; failing to monitor other fiduciaries distribution processes, protocols and activities; and related acts and omissions.. Alight Financial Advisors manages $32.1 billion and provides investment advisory services for 232,157 clients (1:5804 advisor/client ratio). (Garrett, Kim) (Entered: 02/08/2022), Docket(#6) Corporate Disclosure Statement by Defendant ALIGHT SOLUTIONS LLC. Public Records Policy. Working at Alight Solutions: 771 Reviews (2023) | Indeed.com The training is foreigner, which makes it really difficult to follow along. Then, rather than communicating with [plaintiff] via email concerning changes to her account, as defendants knew [plaintiff] preferred, they mailed notices, allowing the theft to be consummated and $245,000 to be transferred out of the country via email to an Indian IP address before [plaintiff] could take any steps to halt the fraud.. The DOL began investigating Alight in 2019 after discovering unauthorized distributions due to security breaches. Learn how Alight helps organizations of all sizes, including . You can explore additional available newsletters here. No Reproduction Without Prior Authorizations. Suite 3200 Alight mobile app is available for any employee and benefit participants of companies that partner with Alight Solutions to administer their HR and benefit programs. Please note the following regarding Retirement accounts: ACH withdrawals from a retirement account must be accompanied by an IRA Distribution Form. 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