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Corporate retirement plans can be a great investment, but it never hurts to diversify. A class action has been filed against energy services holding company TXU Corporation and its officers, executives, and board of directors on behalf of participants and beneficiaries of the TXU Thrift Plan who invested in TXU common stock through the plan between November 23, 2001, and October 11, 2002. The action alleges that the defendants breached their fiduciary duties to plan participants, violating the federal Employee Retirement Income Security Act.

A class action has been filed against Costco Wholesale Corporation on behalf of all current and former female Costco employees who have been passed over for promotions in favor of less-qualified men because of the company's alleged policies and practices of gender discrimination. The action alleges that the discrimination violates Title VII of the federal Civil Rights Act of 1964, and California labor laws.

A class action lawsuit has been filed in the Northern District Court of Georgia against Medquist, Inc., a New Jersey based provider of electronic medical transcription, health information and document management services, alleging fraud, breach of contract, demand for accounting, unjust enrichment, negligence, negligent supervision, and Racketeer Influenced and Corrupt Organizations (RICO). Class members seek compensatory damages, punitive damages and restitution.

A class action law suit has been filed against Delta Airlines (NYSE: DAL) and certain Delta officers, directors and employees by participants in Delta’s ERISA qualified pension plans. The lawsuit alleges that Delta encouraged plan participants to invest in Delta stock at a time when the airline’s solvency was questionable. The plaintiffs allege that Delta had a duty to warn them about the company’s financial troubles and should not have been offering Delta stock as an investment option when the stocks’ worth was in question. The plaintiffs seek actual damages for the lost value of their stocks as well as restitution to the pension plan by Delta.

A statewide collective action with possible national reach has been filed in West Virginia against credit card customer service giant, Applied Card Systems, Inc. The action is brought on behalf of all West Virginia employees of Applied who were not paid proper overtime compensation for all hours worked beyond 40 per week. The action is brought under the federal Fair Labor Standards Act and seeks statutory and liquidated damages as well as injunctive and declaratory relief. As a collective action, all potential claimants must voluntarily "opt-in" to the action in order to be considered a member of the class. The employees have requested that the court issue notice to all potential claimants.

The International Brotherhood of Teamsters filed a class-action lawsuit alleging that Nashville's Middle Metro Police department has neglected the police officers' pension fund by going six years without a performance audit to show how investments have performed.