DOL Investigation Results in Plan Restorations
Department of Labor investigators secured a judgement restoring more than $40,000 to plan participants working for a Michigan tire manufacturer.
Department of Labor investigators secured a judgement restoring more than $40,000 to plan participants working for a Michigan tire manufacturer.
The plaintiffs seek to represent participants in more than 300 retirement plans which were invested in 78 stable value funds,...
Summarizing its decision, the court observes, “It is well established that the test of prudence ... is one of conduct,...
A district court judge in Colorado has sided with the recommendation made by a magistrate judge, ruling that plaintiffs have...
Governmental plan sponsors are generally not policed by ERISA, but they face their own set of “old, obscure laws” that...
The court found trustee Wilmington Trust “rushed its evaluation of the ESOP, failed to follow its own policies, and failed...
Many of the recent legal challenges may appear similar on their face, but the underlying allegations can vary significantly in...