Carfora et al v. Teachers Insurance Annuity Association of America et al

  1. March 04, 2026

    Retirees' TIAA Rollover Advice Fee Suit Trimmed

    A New York federal judge on Wednesday narrowed a proposed class action alleging the Teachers Insurance Annuity Association of America and its affiliates violated federal benefits law by coercing retirees into higher-cost managed accounts, holding individual retirees lacked standing to sue on behalf of participants in thousands of other plans.

  2. June 03, 2024

    TIAA Can't Escape Retirees' Rollover Advice Fee Suit

    A New York federal judge refused to toss retirees' suit alleging the Teachers Insurance Annuity Association of America violated federal benefits law by coercing them into transferring their assets into higher-fee managed accounts, finding the retirees' new theory of liability should proceed to discovery.

  3. August 23, 2023

    Workers Get TIAA Retirement Savings Suit Back On Track

    A New York federal judge revived a proposed class action that accuses Teachers Insurance Annuity Association of America of coercing retirement plan savers to transfer assets into higher-fee accounts, saying the retirees may be able to show the investment services company profited off that advice.

  4. September 28, 2022

    TIAA Escapes Account Holders' ERISA Suit

    A New York federal judge dismissed a suit claiming the Teachers Insurance Annuity Association of America violated federal benefits law by inducing participants in employer-sponsored retirement plans to transfer assets into higher-fee accounts, finding a proposed class of investors failed to allege TIAA acted as a fiduciary when recommending rollovers.