Compliance | March 13th, 2023 Ohio Judge Dismisses ERISA Lawsuit Against Grocery Chain A retirement plan lawsuit that alleged excessive fees for recordkeeping against the Kroger grocery store chain was dismissed.
Compliance | March 10th, 2023 Judge Rejects Mitre’s Efforts to Dismiss ERISA Lawsuit The Massachusetts-based federal judge has advanced the lawsuit and ordered a scheduling conference for April.
Compliance | March 9th, 2023 Shuttered Nevada Benefits Trustee Dealt ERISA Lawsuit The plaintiff alleged two counts of fiduciary breach for mismanagement of a nonqualified deferred compensation plan in Texas federal court....
Deals and People | March 6th, 2023 Retirement Industry People Moves Wagner Law names new Chicago-based ERISA attorney; Franklin Templeton appoints senior alternatives strategist; WTW names director of retirement; and more.
Compliance | March 1st, 2023 Senate Follows House in Rejecting DOL ESG Rule A resolution to nullify the rule to allow for ESG factors in retirement plan investments will now go to Biden’s...
Compliance | February 28th, 2023 Julie Su Nominated to Replace Walsh at DOL Biden tapped the deputy secretary of labor to take over as head of the DOL, with a Senate confirmation hearing...
Compliance | February 17th, 2023 Tuberville Returns With Call for Crypto Access in 401(k) Plans The Republican senator also argued that the DOL should not be dictating what investments may be offered through the self-directed...
Compliance | February 16th, 2023 Lawsuit Accuses Conagra of Shirking Pension Benefits An ERISA complaint against the Conagra pension plan claims the fiduciary and plan administrator are ignoring distribution rules laid out...
Compliance | February 15th, 2023 DOL Sues Defunct Firm for Retirement Asset Distributions A new Department of Labor lawsuit targeted a telemarketing company that closed without processing workers’ retirement claims.
Compliance | February 15th, 2023 Lawsuit Against New England Health Care Provider Will Proceed The U.S. District Court in New Hampshire has scheduled a pretrial conference for next month.
Compliance | February 14th, 2023 Federal Judge Strikes Down DOL Rollover Advice Guidance A U.S. District Court ruled against Department of Labor interpretation that made rollover recommendations count as fiduciary advice.
Compliance | February 13th, 2023 DOL Seeks More Comments on Correction Program The Department of Labor extended to mid-April the deadline for public comments on amendments to the Voluntary Fiduciary Correction Program...
Compliance | February 7th, 2023 Nonprofit Nemours Foundation Faces 403(b) Lawsuit Florida-based nonprofit operator of children’s hospital is alleged to have charged excessive fees to retirement plan participants.
Compliance | January 24th, 2023 Fluor ERISA Lawsuit Dismissed District Judge allowed one plaintiff 28 days to submit an amended complaint.
Compliance | January 24th, 2023 TIAA Class Action Reversal May Impose Significant Procedural Hurdle for Future Cases The 2nd Circuit Court of Appeals’ reversal of class certification will likely make it more difficult for ERISA class action...
Compliance | January 19th, 2023 Allianz Asset Management of America Dealt Lawsuit Over 401(k) Plan Workers contributing to the Allianz Savings and Retirement Plan have brought allegations of self-dealing against plan fiduciaries.
Compliance | January 11th, 2023 International Clinical Laboratory Company Faces 401(k) Lawsuit Quest Diagnostics’ 401(k) profit sharing is the target of a new retirement plan lawsuit alleging excessive fees for investments.
Compliance | January 9th, 2023 National Bank Parent Company Hit with ERISA Complaint Plaintiffs have alleged excessive fees for recordkeeping and administrative services and for an available managed account in a retirement plan...
Compliance | January 6th, 2023 Professional Athlete Sports Agency Is Accused of Retirement Asset Theft The Department of Labor alleges that a Houston sports agency used retirement assets to operate the company.
Compliance | January 5th, 2023 ESOP Plan Faces Retirement Records Lawsuit When a former worker at medical technology company BD sought distribution of his vested and accrued retirement assets, the firm...