DST Systems Inc. (DST) News, Articles, Events & Latest Updates

Employees, DST Systems duel over enforcing arbitration awards in profit-sharing caseLegal Services News • about 2 years ago

--- - Former DST employees who were in its profit-sharing plan continue to pursue legal remedies as a result of the plan's over concentration in a single stock. At stake is hundreds of millions of dollars in arbitration awards, attorney fees and statutory costs.

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NexPoint Capital, Inc. Announces Tender Offer for Common StockGlobe Newswire • about 2 years ago

--- - DALLAS, Aug. 20, 2021 (GLOBE NEWSWIRE) -- NexPoint Capital, Inc. (the Company), a non-traded publicly registered business development company sponsored and managed by NexPoint Advisors, L.P., today announced that it will commence a voluntary tender offer on or about August 20, 2021 (the Tender Offer...

Ex-employee's suit: DST Systems failed to pay her arbitration awardBanking News-Bizjournals.com • over 2 years ago

--- - Alice Wright, a former employee of DST Systems Inc., won an award in arbitration after claiming losses in her retirement plan stemming from over-concentration in one stock represented a breach of fiduciary duty. But the company didn't pay. Wright filed a lawsuit Feb. 3 asking the U.S.

Ex-employees sue DST Systems over $393M loss in profit-sharing planLegal Services News • almost 3 years ago

--- - Five former employees of DST Systems Inc. are suing the company, accusing it of breach of fiduciary duty after its employee profit-sharing plan lost hundreds of millions of dollars. The lawsuit moved to the U.S. District Court for the Western District of Missouri on Dec.

Former DST Systems CFO finds new job in different industryHuman Resources News • over 3 years ago

--- - Gregg Givens, the last CFO of DST Systems Inc. prior to its $5.4 billion sale to SS&C Technologies Holdings Inc., has joined Park University in the same role, the organization announced Wednesday. He worked for DST for 22 years, serving in roles such as chief accounting officer and vice president of finance.

SS&C's companywide layoffs hit DST employees in KCBanking News-Bizjournals.com • over 3 years ago

--- - The Connecticut-based company that bought DST Systems Inc. in early 2018 has laid off about 3% of its global workforce, primarily affecting its Kansas City-based financial tech unit. SS&C Technologies Holdings Inc. had 22,600 full-time employees as of Dec. 31, 2018. That would put the size of the layoff at roughly 650 employees.

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