Compliance | May 28th, 2014 Fee Suit Litigator Discusses Best Practices May 28, 2014 (PLANSPONSOR.com) – Plaintiffs' lawyer and 401(k) fee litigation specialist Jerry Schlichter doesn’t seem to mind his position...
Compliance | May 20th, 2014 Case Shows Importance of Using Caveats May 20, 2014 (PLANSPONSOR.com) – Caveats included in pension benefit statements provided by Ford Motor Company saved the company from...
Compliance | May 8th, 2014 Delta Air Lines Wins Stock Drop Suit Appeal May 8, 2014 (PLANSPONSOR.com) – The 11th U.S. Circuit Court of Appeals used its own case history to dismiss a...
Compliance | May 2nd, 2014 DOL Sues Health Plan for Not Disclosing Fees May 2, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) initiated a lawsuit against a group health plan for failing...
Compliance | April 18th, 2014 State Street Cleared of Wrongdoing in GM Stock Drop Suit April 18, 2014 (PLANSPONSOR.com) – For the second time, a U.S. district court has found State Street Bank and Trust...
Compliance | April 17th, 2014 Unremitted Contributions Cost Fiduciaries $142K April 17, 2014 (PLANSPONSOR.com) – A court has ordered the fiduciaries of a Columbia, Maryland, 401(k) plan to pay restitution...
Compliance | April 16th, 2014 High Court Ponders “Conflicts” for ESOP Fiduciaries April 17, 2014 (PLANSPONSOR.com) – What is the trustee of a retirement plan that offers employer stock as an investment...
Compliance | April 15th, 2014 ING to Settle Revenue-Sharing Suit April 15, 2014 (PLANSPONSOR.com) – Without admitting any wrongdoing, ING Life Insurance and Annuity Company has agreed to settle a...
Compliance | April 14th, 2014 Iowa Investment Adviser Restores Funds to Pension Plans April 14, 2014 (PLANSPONSOR.com) – Investment adviser Donald Gene DeWaay Jr., based in Johnston, Iowa, has paid $341,487 to 68...
Compliance | April 4th, 2014 DOL Seeks Losses from Plans Failing to Remit Contributions April 4, 2014 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has filed a lawsuit to recover losses to the...
Compliance | April 4th, 2014 Court Dismisses Allegations Against Wells Fargo April 3, 2014 (PLANSPONSOR.com) – A federal district court recently dismissed allegations of fiduciary breach and fraud leveled against Wells...
Compliance | April 1st, 2014 Transit Pension Fund Sues Asset Manager for $50M April 1, 2014 (PLANSPONSOR.com) – A lawsuit filed by the Massachusetts Bay Transportation Authority (MBTA) pension fund claims New York...
Compliance | March 28th, 2014 DOL Says 401(k) Trustee Failed to Perform Duties March 28, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to remove and replace a 401(k)...
Compliance | March 24th, 2014 Fiduciary to Repay Funds to Ohio 401(k) Plan March 24, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) announced that the fiduciary of a Cleveland, Ohio, 401(k) plan...
Compliance | March 24th, 2014 How to Avoid (or Survive) a Plan Audit March 24, 2014 (PLANSPONSOR.com) – Aggregate qualified retirement plan audit data from the Department of Labor (DOL) shows that, of...
Compliance | March 20th, 2014 Fidelity Wins Some in Appeal of Tussey Case March 20, 2014 (PLANSPONSOR.com) – Fidelity was able to convince an appellate court to vacate some of the decisions made...
Compliance | March 12th, 2014 Health System and Plan Providers Sued Over Plan Fees March 12, 2014 (PLANSPONSOR.com) – The St. Louis-based law firm of Schlichter, Bogard & Denton filed a class action on...
Compliance | March 11th, 2014 Participant’s Imprudent Funds Claims Time-Barred by ERISA March 11, 2014 (PLANSPONSOR.com) – A federal appeals court has dismissed claims of a participant in Suntrust Bank’s 401(k) plan...
Compliance | March 7th, 2014 Adviser Found Not Liable for Plans' Bad Investment March 7, 2014 (PLANSPONSOR.com) – A federal appellate court found a registered investment adviser for two pension plans was not...
Compliance | March 6th, 2014 DOL Seeks Recovery of Virginia Pension Plan Assets March 6, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to recover pension plan assets on behalf of...