Tag: ERISA

Chubb, Law Firm Team up for ERISA Guide

An Employee Retirement Income Security Act (ERISA) law firm and an insurer have teamed up to prepare a guide about ERISA’s fiduciary liability provisions and how fiduciary insurance can help mitigate potential liability. 

ESOP Trustee Cleared of ERISA Wrongdoing

The trustee of an employee stock ownership plan (ESOP) acted in good faith when it determined the fair market value of company stock, so it did not violate prohibited transaction rules, a judge has determined.

Court Tosses Company Stock Imprudence Claim

A federal judge in Georgia has thrown out claims by 401(k) participants that Beazer Homes USA breached its fiduciary duties by offering company stock as an investment option when it was no longer prudent.