Appellate Court Sends RJR Stock Drop Suit Back for Review
August 7, 2014 (PLANSPONSOR.com) – A lower court applied the wrong standard when determining that R.J. Reynolds Tobacco Co. (RJR)...
Tag: Litigation
Plaintiffs Granted Summary Judgment in Church Plan Case
July 25, 2014 (PLANSPONSOR.com) – A federal district court in California has granted a motion for partial summary judgment against...
More Church Plan Challenges Filed in Federal Court
July 25, 2014 (PLANSPONSOR.com) – Two court cases filed this week by retirement plan participants claim their employers’ retirement benefits...
Wagner Law Group Adds ERISA Specialist
July 22, 2014 (PLANSPONSOR.com) - Stephen Rosenberg, an Employee Retirement Income Security Act (ERISA) and labor law litigator, has joined...
Appeals Court Revives BP Stock Drop Suit
July 16, 2014 (PLANSPONSOR.com) – A federal appeals court has revived a stock drop case, filed against oil company BP...
Presumption of Prudence Decision Not a Total Win for Anyone
June 26, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court this week ruled employee stock ownership plan (ESOP) fiduciaries are not...
ESOP Fiduciaries Not Entitled to Presumption of Prudence
June 25, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court has decided fiduciaries of employee stock ownership plans (ESOPs) are not...
Protect Fiduciaries with the Right Insurance
June 17, 2014 (PLANSPONSOR.com) – Just one type of fiduciary liability protection is required by the Employee Retirement Income Security...
Lumber Company Sued for Mismanagement of Plan Assets
June 6, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to recover 401(k) plan assets mismanaged...
Fiduciary Status Not Triggered by Contribution in Company Stock
June 5, 2014 (PLANSPONSOR.com) - A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting...
Realtor to Repay Plan for Bad Real Estate Investment
May 30, 2014 (PLANSPONSOR.com) – A federal district court has ordered an Oregon realtor to repay more than $400,000 to...
Court Deems MassMutual a Fiduciary for Setting Compensation
May 29, 2014 (PLANSPONSOR.com) – A plan sponsor’s lawsuit over revenue sharing payments has moved forward as a court found...
Fee Suit Litigator Discusses Best Practices
May 28, 2014 (PLANSPONSOR.com) – Plaintiffs' lawyer and 401(k) fee litigation specialist Jerry Schlichter doesn’t seem to mind his position...
Case Shows Importance of Using Caveats
May 20, 2014 (PLANSPONSOR.com) – Caveats included in pension benefit statements provided by Ford Motor Company saved the company from...
Delta Air Lines Wins Stock Drop Suit Appeal
May 8, 2014 (PLANSPONSOR.com) – The 11th U.S. Circuit Court of Appeals used its own case history to dismiss a...
DOL Sues Health Plan for Not Disclosing Fees
May 2, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) initiated a lawsuit against a group health plan for failing...
State Street Cleared of Wrongdoing in GM Stock Drop Suit
April 18, 2014 (PLANSPONSOR.com) – For the second time, a U.S. district court has found State Street Bank and Trust...
Unremitted Contributions Cost Fiduciaries $142K
April 17, 2014 (PLANSPONSOR.com) – A court has ordered the fiduciaries of a Columbia, Maryland, 401(k) plan to pay restitution...
High Court Ponders “Conflicts” for ESOP Fiduciaries
April 17, 2014 (PLANSPONSOR.com) – What is the trustee of a retirement plan that offers employer stock as an investment...
ING to Settle Revenue-Sharing Suit
April 15, 2014 (PLANSPONSOR.com) – Without admitting any wrongdoing, ING Life Insurance and Annuity Company has agreed to settle a...