A CPA has been disbarred after the government found he failed to exercise due diligence in preparing tax returns for a corporation and its married shareholders.
Anyone who has been paying attention to 401(k) plan litigation these past several years knows that a common trigger—perhaps the most common trigger—for litigation is the presence...
Lawyers representing U.S. Department of Labor Secretary Hilda L. Solis have argued that the holding of company stock in a defined contribution plan is not entitled to a presumption of prudence.
Relying on U.S. Supreme Court precedents, a federal appellate court has affirmed the award of benefits and attorneys’ fees to a long-term disability plan participant.
Another law firm has launched an investigation into possible violations of the Employee Retirement Income Security Act by BP PLC and fiduciaries of the its Employee Savings Plan.
Britain's financial regulator has fined and banned a former broker for manipulating oil prices by buying more than seven million barrels while on a drinking binge.