ERISA vista Cryptocurrency in DC Plans The DOL explains the digital investment products’ risks and challenges.
MODERN INVESTMENT MENU / CRYPTOCURRENCY Fool’s Gold for 401(k)s? The DOL’s guidance on cryptocurrency causes much confusion.
Compliance June 16th, 2022 Ready for PTE 2020-02 July 1 Enforcement? The July 1 enforcement date for the Department of Labor’s new best-interest rollover documentation requirements has been widely publicized, but...
Compliance June 15th, 2022 What’s Been Learned From ERISA Case Proceedings While the prevalence of settlements in ERISA cases means fewer legal conclusions have been drawn by the courts than one...
Compliance June 13th, 2022 Cybersecurity Is Everyone’s Responsibility Retirement benefit plans have deep pockets—filled with both assets and sensitive information—so it only makes sense that they are a...
Compliance June 6th, 2022 IBM Pension Plan Faces Outdated Mortality Data Challenge The plaintiffs are seeking to remedy alleged failures by an IBM pension plan to pay joint and survivor annuity benefits...
Compliance June 1st, 2022 Capital One Financial Beats ERISA Suit The dismissal order grants the plaintiffs, who are represented by the law firm Capozzi Adler, two weeks to file an...
Compliance May 27th, 2022 DENSO International America Faces Multi-Pronged ERISA Suit The complaint includes not just allegations of excessive fees, but also a charge that fiduciaries offered an underperforming stable value...
Compliance May 23rd, 2022 Is the Traditional Fiduciary Insurance Model at Risk? One legal professional at a fiduciary insurance firm argues that the ‘indiscriminate nature’ of recent ERISA lawsuit filings could eventually...
Compliance May 18th, 2022 NFP Named as Defendant in Parallel Molina Healthcare ERISA Suit The plaintiffs in the suit, who have already sued their plan sponsor, are now bringing a service provider into the...
Compliance May 18th, 2022 Barnabas Health Latest to Settle ERISA Suit A settlement has been struck in an ERISA lawsuit involving the New Jersey-based health care provider a little more than...
Compliance May 12th, 2022 John Hancock Defeats ERISA Foreign Tax Credit Lawsuit Though the court previously allowed class certification in the case, a new order firmly rejects the plaintiffs’ arguments that they...
Compliance May 11th, 2022 ERISA Class Action Complaint Targets O’Reilly Automotive The lawsuit closely resembles numerous others previously filed by the law firm Capozzi Adler but adds new argumentation based on...
Compliance May 10th, 2022 Another Circuit Court Rules on ERISA Arbitration Rules The 6th U.S. Circuit Court of Appeals has ruled that certain types of ERISA claims, while brought by individual participants,...
Compliance May 2nd, 2022 ERISA Suit Against UPS Refiled in District Court Plaintiffs have refiled an ERISA lawsuit against UPS, more than a year and a half after their original complaint was...
Compliance April 21st, 2022 Excessive Fee Lawsuit Will Proceed Against Xerox The complaint alleged breach of fiduciary duty obligations and excessive fees for recordkeeping services.
Compliance April 21st, 2022 9th Circuit Finds Allegations in Trader Joe’s Excessive Fee Case Are Plausible The court sent the case back to a District Court for further review.
Compliance April 21st, 2022 District Court Dismisses ERISA Lawsuit Against USI The complaint alleged breach of fiduciary duty obligations under the Employee Retirement Income Security Act.
Compliance April 18th, 2022 Washington University ERISA Lawsuit Reaches Settlement The parties have reached a $7.5 million settlement agreement some months after a circuit court revived the long-running ERISA fiduciary...