Compliance

The complaint against B. Braun Medical reads like a copy of many suits Capozzi Adler has filed since December.

According to the lead plaintiff, fiduciary violations occurred when an inflated valuation provided by Wilmington Trust caused an employee stock ownership plan to buy company shares at an...

A multiemployer pension fund argues that an appellate court decision shields private equity firms that take on a withdrawing employer from withdrawal liability.

A court ordered Colgate-Palmolive to recalculate benefits paid to certain retirees from its cash balance plan but stayed the relief to allow time for an appeal.

Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does not sufficiently explain how pooled employer plans can...

BTG International and company officials agreed to pay $560,000 to settle charges they allowed the plan’s recordkeeper to receive unreasonable compensation through undisclosed channels.

The DOL said it received several requests for a hearing during the comment period and commenters expressed interest in its proposed ERISA prohibited transaction exemption.

Before it published a proposed rule, the DOL sent letters to plan sponsors about ESG investment practices. Sources share thoughts about what the effort means.

Company 401(k) plan fiduciaries are accused of failing to negotiate for better fees, switch to collective trusts and switch to lower-cost share classes for investments.

The lawsuit also calls out what it says are ‘additional objectively imprudent investment options,’ and claims recordkeeping fees were excessive.

Providers of pooled employer plans (PEPs) must first register with the DOL before plans can begin operating.

The Tax Cuts and Jobs Act provided for an extension of the period a retirement plan participant has to roll over plan loan offset amounts in certain cases.

The interim final rule includes assumptions plan administrators must use to calculate estimated lifetime benefit payments to be included on retirement plan participant statements.

The plaintiffs in a new ERISA lawsuit say Liberty Mutual is not meeting the terms of summary plan descriptions sent to certain employees after the company’s 2008 Safeco...

The notice also clarifies that plan administrators are not required to provide a Section 402(f) notice to a recipient of a coronavirus-related distribution created by the CARES Act.

The allegations are similar to other ERISA excessive fee suits, including a challenge to the use of the Fidelity Freedom Funds TDF series.

In addition to a $39.5 million payment, the firm has agreed to a number of prospective steps to ensure reasonable expenses.

Helping to explain the break with the post-Dudenhoeffer tradition of courts rejecting similar stock-drop suits, the majority opinion in this matter seems to draw a distinction based on...

Among other things, the lawsuit alleges the health care system unreasonably maintained investment advisers and consultants despite the known availability of others with lower costs and/or better performance...