Compliance | September 19th, 2013 Contractor Owing Withdrawal Liability Not a Fiduciary September 19, 2013 (PLANSPONSOR.com) – The 9th U.S. Circuit Court of Appeals has ruled that withdrawal liability owed by a...
Compliance | September 13th, 2013 DOL Sues to Restore Plan Funds, Replace Fiduciaries September 13, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to compel the owners and fiduciaries...
Compliance | September 11th, 2013 DOL Asks Court to Replace Plan Fiduciaries September 11, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to replace the fiduciaries of an...
Compliance | September 10th, 2013 Co-Fiduciaries Ordered to Repay Plan September 10, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) recently received a judgment from a district court, requiring co-fiduciaries...
Compliance | September 9th, 2013 Court Authorizes Restoration of Plan Assets September 9, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has obtained a consent judgment to recover plan assets.
Compliance | September 5th, 2013 Bank Settles Company Stock Suit September 5, 2013 (PLANSPONSOR.com) – Flagstar Bancorp has agreed to settle allegations it breached its fiduciary duties by maintaining company...
Compliance | September 5th, 2013 Court Moves Forward Part of Case over Alternative Investments September 5, 2013 (PLANSPONSOR.com) – A federal district court has given the green light to certain claims that fiduciaries to...
Compliance | September 4th, 2013 Pension Participants Sued for Benefits Too Late September 4, 2013 (PLANSPONSOR.com) – A federal appellate court ruled pension participants filed their lawsuit for benefits past the statute...
Compliance | August 28th, 2013 DOL Gets Judgment to Restore Employee Contributions August 28, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has obtained a default judgment to restore employee contributions...
Compliance | August 23rd, 2013 DOL Seeks New Fiduciary for Abandoned 401(k) Plan August 23, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has alleged that DTK Computer Inc. failed to take...
Compliance | August 23rd, 2013 DOL Seeks Restoration of N.J. Plan Contributions August 23, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) recently filed a lawsuit that seeks restoration of missing...
Compliance | August 22nd, 2013 DOL Files Suit against Calif. Bank August 22, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has filed a lawsuit against a California bank, alleging...
Compliance | August 19th, 2013 Investment Adviser Ordered to Restore Plan Losses August 19, 2013 (PLANSPONSOR.com) – An investment adviser has been ordered to restore plan losses, incentive fees and penalties for...
Compliance | August 12th, 2013 Court Reverses Ruling on Denial of Class Certification August 12, 2013 (PLANSPONSOR.com) – A federal appellate court has moved forward a class action claim regarding Lockheed Martin’s retirement...
Compliance | August 8th, 2013 Court Uses Presumption of Prudence for Case Dismissal August 8, 2013 (PLANSPONSOR.com) – A federal appeals court found the application of the presumption of prudence to be appropriate...
Compliance | August 5th, 2013 Fidelity Cleared of Excessive Fee Violation August 5, 2013 (PLANSPONSOR.com) – A federal appeals court affirmed the dismissal of a lawsuit against Fidelity Management Trust Company...
Compliance | August 2nd, 2013 Court Orders Ill. Company to Restore Plan Assets August 2, 2013 (PLANSPONSOR.com) – More than $150,000 must be restored to the profit-sharing plan of a now-defunct Illinois company,...
Compliance | August 1st, 2013 John Hancock Cleared of Wrongdoing in Excessive Fee Case August 1, 2013 (PLANSPONSOR.com) – Claims brought against John Hancock Life Insurance Company by retirement plan participants have been dismissed.
Compliance | August 1st, 2013 Fiduciaries Removed from Kentucky Pension Plans August 1, 2013 (PLANSPONSOR.com) – A district court granted a preliminary injunction against former fiduciaries of several Kentucky pension plans.
Compliance | July 24th, 2013 Court Upholds Dismissal of Lehman Stock Drop Case July 24, 2013 (PLANSPONSOR.com) – In the case of Rinehart v. Akers, the 2nd U.S. Circuit Court of Appeals upheld...