Employer Cannot be Fiduciary Before its Existence
August 23, 2006 (PLANSPONSOR.com) - The US District Court for the Northern District of Illinois has ruled that a spin-off...
Tag: Fiduciary
Lockheed Cleared of Fiduciary Misstep in Rollover Dispute
August 23, 2006 (PLANSPONSOR.com) - A federal appellate court has cleared Lockheed Martin Energy Systems Inc. (LMES) of wrongdoing in...
Court Applies "Catch-all" Statute of Limitations to Retirees' Claim
August 17, 2006 (PLANSPONSOR.com) - The 6th US Circuit Court of Appeals determined a group of retirees of the United...
DOL Says 12b-1 Fees Not 'Sales Commissions' Under PTE 77-3
August 4, 2006 (PLANSPONSOR.com) - An advisory from the Department of Labor said that unrelated brokers of a 401(k) plan's...
Court Denies Former Participant Claim for Fiduciary Breach
July 25, 2006 (PLANSPONSOR.com) - The 2nd US Court of Appeals affirmed a lower court's ruling that a former retirement...
Court Says Trustees Violated Fiduciary Duties
July 17, 2006 (PLANSPONSOR.com) - The US District Court for the Southern District of Ohio decided three officers of family-run...
Benefits |
Fiduciary Protection: It's All About Documentation
July 5, 2006 (PLANSPONSOR.com) - Chicago - "You get sued for large sudden losses, not for matters of prudent or...
Benefits |
IL TPA Pleads Guilty to Defrauding Union Pension Funds
June 30, 2006 (PLANSPONSOR.com) - Michael Linder of Crete, Illinois, pled guilty in federal court in Rockford to charges he...
No Breach in Fiduciary Duties of Airlines' Co. Stock Cases
June 29, 2006 (PLANSPONSOR.com) - The US District Court for the Eastern District of Virginia and the 7th US Circuit...
Court Holds Administrator Liable for Relationship with Known Embezzler
June 26, 2006 (PLANSPONSOR.com) - The 2nd US Circuit Court of Appeals has ruled that a health fund administrator breached...
Court Says Plan Accountant Violated Fiduciary Responsibilities
June 22, 2006 (PLANSPONSOR.com) - A federal judge ruled that an accountant for a profit-sharing plan bears some responsibility for...
Court: Early Retirement Program not Being Considered When Employee Retired
June 12, 2006 (PLANSPONSOR.com) - The 3rd US Circuit Court of Appeals has affirmed a lower court's ruling that a...
Company President Ordered to Restore over $400K to Retirement Plans
May 19, 2006 (PLANSPONSOR.com) - The president of West End Lumber Company of Bridgeport, Connecticut has been ordered by the...
Judge Sentences Woman to One Year for Pension Embezzlement
May 19, 2006 (PLANSPONSOR.com) - After pleading guilty to 13 accounts of embezzlement from a retirement pension fund, a Greenville,...
Lack of Notes not Proof of Fiduciary Violation
May 1, 2006 (PLANSPONSOR.com) - The 2nd Circuit US Court of Appeals vacated a district court's judgment that a trustee...
Entity with Any Authority over Plan Assets is ERISA Fiduciary
April 21, 2006 (PLANSPONSOR.com) - The 6th Circuit US Court of Appeals has determined that a third party health plan...
HR Rep Not a Fiduciary in Disability Plan
April 20, 2006 (PLANSPONSOR.com) - A disability plan participant lost her legal battle against her employer's human resources department over...
Charges Dismissed Against Directed Trustee in Co. Stock Case
April 12, 2006 (PLANSPONSOR.com) - The US District Court for the Southern District of Ohio dismissed a claim against Putnam...
Father and Son Held Liable for not Forwarding Employee Contributions
April 6, 2006 (PLANSPONSOR.com) - The US District Court for the Northern District of New York has held a father...
Court Clarifies Responsibilities Regarding Co Stock Investments
March 27, 2006 (PLANSPONSOR.com) - The US District Court for the District of New Jersey dismissed some defendants and left...