Deutsche Bank 401(k) Self-Dealing Suit Moves Forward
A federal judge found that allegations regarding the assessment of excessive fees from which defendants stood to gain are sufficient to support the inference that the process used...
The firm says TPAs and plan design consultants offer invaluable compliance expertise, helping to ensure a variety of unforgiving obligations are met under the Employee Retirement Income Security...
According to plaintiffs, a refusal to purchase company stock is not a “transaction” within the meaning of insider trading prohibitions and would not have required any independent disclosures.
Researchers call it troubling that only about half of Millennials are taking advantage of the power of compound interest in building a secure financial future.
In the new ERISA lawsuit, plaintiffs allege that plan fiduciaries knew well in advance about the problematic sales practices that have come to light in the last month.