Oracle Defeats Most ERISA Class Action Claims
The defense benefited strongly from the fact that expert witness testimony given in favor of plaintiffs was rejected by the...
Tag: ERISA
ERISA Annuity Safe Harbor Bill Introduced in House
H.R. 1439, known as the Increasing Access to a Secure Retirement Act, would establish a stronger Employee Retirement Income Security...
U.S. Supreme Court Denies USC Petition to Review Motion to Compel Arbitration
The denial leaves in place an appellate court’s decision that claims in a lawsuit against the University of Southern California...
Details of Settlement of Franklin Templeton Self-Dealing Lawsuit Revealed
In addition to a more than $13 million payment, Franklin has agreed to select a non-proprietary target-date fund (TDF) for...
Retaliation Claim Against Central States Multiemployer Plan Dismissed
Employees of Kroger say Central States’ plan trustees refused to negotiate a proposal with them after they filed an ERISA...
Parts of Schwab Self-Dealing ERISA Lawsuit Will Proceed
A district court in California has issued a mixed ruling in a self-dealing lawsuit filed against Schwab Retirement Plan Services...
ERISA Stock Drop Lawsuit Filed Against Johnson and Johnson
Details in the text of the complaint explain that the stock price drop that plaintiffs say unduly harmed participants is...
Stadion, United of Omaha Face Lawsuit Over Managed Account Offering
According to the lawsuit, Stadion directed participants’ accounts into investments that would better benefit itself and Mutual of Omaha, and...
(b)lines Ask the Experts – Do ERISA Cutback Provisions Apply to 403(b)s?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning 403(b) plans and regulations.
Failure to Remit Contributions Cost Retirement Plan Fiduciaries Over $500,000
In addition, a federal district court has ordered the trustee of the plans not to serve in a fiduciary capacity...
American Century Defeats Self-Dealing ERISA Lawsuit
The district court had several times ruled against the firm in summary dismissal and discovery decisions—but the firm has prevailed...
Putnam Supreme Court Petition Asks About Comparisons to Index Funds
In addition to asking the high court to weigh in on whether the plaintiff or the defendant bears the burden...
Opinions |
Prudence and Procedure in the Context of Protecting Against ERISA Class Actions
Retirement plan fiduciaries’ decisions are based on a process, and prudence should be baked into and visibly evident in the...
Best Practices for Managing ERISA Litigation Risk in 2019
Three Mayer Brown ERISA attorneys discuss the current litigation landscape and offer practical strategies for promoting compliance in 2019.
2019 Could Be Banner Year for ESG in ERISA Plans
Plan sponsors voice concern about a lack of uniform ESG data reporting and lingering regulatory uncertainty—but more and more continue...
Plaintiffs Agree to Drop Empower ERISA Revenue-Sharing Lawsuit
Both parties agreed to dismiss the litigation under Federal Rule of Civil Procedure 41(a), and each party will bear its...
Products |
ERISApedia Adds Answers to Practical Questions to Qualified Plan eSource
S. Derrin Watson, a pension attorney and educator, has been answering questions from ERISApedia clients for the last year and...
2019 ERISA Plan Compliance Calendar
A schedule to help plan sponsors track important due dates for their plan
Judge Rules to Dismiss Georgetown University 403(b) ERISA Lawsuit
The colorfully worded opinion chides plaintiffs for failing to acknowledge the unique character of 403(b) retirement plans—including their common use...
ConAgra Brands Faces ERISA Suit Over Interpretation of Plan Document
The complaint argues defendants violated ERISA duties by reinterpreting plan language in a conflicted manner aimed at reducing employer costs.