Compliance

The U.S. Solicitor General and the Pension Rights Center have filed briefs with the Supreme Court for a fiduciary breach case the U.S. 8th Circuit Court of Appeals...

For one thing, the Congressional Budget Office projects that about one-quarter of the affected multiemployer plans would become insolvent in the 30-year loan period and would not fully...

A total payment of $8.5 million will settle two lawsuits.

U.S. Attorneys have filed a Statement of the Interest of the United States in a lawsuit, offering evidence that the state-run auto-IRA program is preempted.

Two analyses found the proposed tax in Senate bill S. 1587 would require investors to work two to two-and-a-half years longer before retiring in order to reach the...

The mailing address for Employee Plans (EP) submissions for determination letters, letter rulings, individual retirement arrangement (IRA) opinion letters, and others has changed.

They have filed a joint motion to stay all trial dates, but have not yet prepared details of the settlement agreement.

There has actually been relatively little helpful legal insight published by the courts, due to the fact that many ERISA cases end with settlements, while others are dismissed...

The plaintiffs say new evidence came to light from MIT President Rafael Reif’s response to revelations that improper donations were received by MIT from the now-deceased financier Jeffrey...

Following a high-profile 9th Circuit decision, Greystar argues that the plaintiff signed a Mutual Agreement to Arbitrate Claims that not only requires arbitration of her claims but forecloses...

The fiduciary breach lawsuit accuses plan fiduciaries of mapping $1 billion into a fund that lagged peer performance and was unpopular in the marketplace.

Plaintiffs suggest higher than average fees were not attributable to enhanced services for participants, but instead to defendants’ use of high-cost investment products and managers.

A U.S. District Judge in North Carolina determined the health system’s retirement and health plans were established and maintained for its employees by a political subdivision of the...

A federal court judge moved forward most claims, but granted summary judgment to Massachusetts Institute of Technology defendants for a claim alleging a prohibited transaction between MIT and...

They argue that retirement plan disclosures give retirement plan participants the “actual knowledge” required by ERISA, whether participants read them or not, and that an appellate court decision...

According to an appellate court, a cause of action against a plan sponsors for defaulting on its multiemployer plan withdrawal liability began when the plan trustees first accelerated...

A federal court decides that, as stock options were not purchased securities, UBS did not violate sections of securities acts that required disclosures.