Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
December 1st, 2020

Has the DOL Found an ESG Middle Ground?

George Michael Gerstein, an ERISA attorney with Stradley Ronon, dissects the DOL’s final rule regarding ESG investing in retirement plans, calling it a compromise that might be here to stay. Read more >
Coca-Cola Bottler Faces ERISA Fiduciary Breach Complaint
It’s anyone’s guess at this early juncture whether the fiduciary breach lawsuit will fizzle, though it includes some familiar allegations from other lawsuits filed by Capozzi Adler. Read more >
Class Certified in Suit Over TIAA’s Plan Loan Practices
U.S. District Judge J. Paul Oetken of the U.S. District Court for the Southern District of New York has granted class certification in a lawsuit seeking to recover money that TIAA allegedly “unlawfully took” from retirement accounts similarly situated in the Washington University Retirement Savings Plan and across its U.S. business. Read more >
Retirement Plan Participant Tries Cybersecurity Lawsuit Against Abbott Again
The plaintiff filed a first amended complaint on October 23, trying to correct pleading errors after Abbott was dismissed from the lawsuit. Read more >