Mutual of Omaha ERISA Lawsuit Defeats Early Dismissal Motions
In his opinion, the district court judge says an ERISA complaint of this nature does not need to describe in...
Tag: ERISA
ERISA Challenge Targets Transamerica and Affiliates
The complaint suggests Transamerica continued to offer proprietary portfolios when their rates of return were meaningfully below stated long-term benchmarks.
Assessing Courts’ ERISA Decisions in 2018
Some 83,000 lawsuits have been filed under the Employee Retirement Income Security Act (ERISA) in federal district court since 2009,...
Most Counts Against GE Allowed to Proceed in ERISA Lawsuit
The text of a new ruling on GE defendants' summary dismissal motion steps through complex issues of timeliness that are...
9th Circuit Questions Meaning of ‘Actual Knowledge’ for ERISA Statute of Limitations
The appellate court sent a case over Intel's use of alternative investments in its target-date funds back to a lower...
Stock-Drop Lawsuit Targeting IBM Revived and Remanded
An appellate court has taken the rare step of overturning a successful motion to dismiss a stock drop lawsuit targeting...
$3M Settlement Reached in Edward Jones Self-Dealing Lawsuit
After a complex set of motions and rulings, the parties have now opted to settle the ERISA self-dealing lawsuit rather...
Lawsuit Argues MetLife Pension Calculations Use Outdated Mortality Table
A newly filed complaint takes issue with the way MetLife calculates the actuarial equivalence of different types of annuity benefit...
More Diverse ERISA Litigation Expected in 2019
Reflecting on lessons learned this year, Jamie Fleckner, partner at Goodwin Procter, says cases still are growing more diverse in...
Appellate Court Affirms Dismissal of Chevron ERISA Lawsuit
The 9th U.S. Circuit Court of Appeals found that the facts alleged are insufficient to support a plausible inference of...
$24M Settlement Proposed By Parties in BB&T Self-Dealing ERISA Litigation
The long-running litigation appears to be heading for a mediated conclusion, after a contentious discovery process that produced over 260,000...
USC Asks Supreme Court to Weigh in on Arbitration of Retirement Plan Claims
The 9th U.S. Circuit Court of Appeals previously concluded that the challenge to the management of the University of Southern...
Health Care System Sued Over Retirement Plans’ Governmental Status
A lawsuit alleges a health care system in North Carolina falsely claims to be a governmental entity, allowing it to...
Retirement Plan ERISA Litigation Trends Still Heating Up
It has only been about a year and a half since large U.S. universities became the target of ERISA lawsuits,...
ERISA Litigation Landscape Mapped by LexisNexis
With the launch of its latest analytics module, Lex Machina has uncovered a variety of trends across all the flavors...
DOL Clarifies Fiduciary Roles in Auto-Portability Solution
The agency says plan sponsors have fiduciary responsibility for selecting and monitoring Retirement Clearinghouse’s Auto-Portability Solution, but once assets have...
DOL Proposes Exemption for Retirement Plan Auto-Portability Solution
The agency is inviting public comment on the proposed exemption and encourages additional proposals.
District Court Returns Mixed Ruling for AT&T ERISA Lawsuit
In a mixed ruling, the court again leaves room for re-pleading of the plaintiffs’ failed arguments, making the filing of...
Putnam Asks for Stay in Self-Dealing Case to Seek Supreme Court Input
The question for the Supreme Court is whether the plaintiff or the defendant bears the burden of proof on loss...
EBSA Secures ERISA Settlement from Neuroscience Center
The plan’s sole fiduciary and trustee has agreed to restore pension assets that, according to an EBSA investigation, were improperly...