DOL Seeks New Fiduciaries for Tennessee Plan
October 21, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to replace the fiduciaries of an abandoned retirement...
Tag: ERISA
Embezzler Can Sue Employer for Retirement Plan Benefits
October 18, 2013 (PLANSPONSOR.com) – A federal district court in California declined to dismiss a lawsuit by a retirement plan...
Court Denies Terminated Employees’ Claim for Pensions
October 18, 2013 (PLANSPONSOR.com) – A federal appellate court found former employees’ reliance on a statement they would be eligible...
Plan Custodian’s Response to State Court Order Supported
October 11, 2013 (PLANSPONSOR.com) – A federal court dismissed a case against a retirement plan custodian related to the custodian’s...
Another Pension Plan Sued over Investments
October 9, 2013 (PLANSPONSOR.com) – A participant in the U.S. Bancorp Pension Plan has filed a class action lawsuit against plan...
High Court to Rule on Litigation Limitations Periods
October 8, 2013 (PLANSPONSOR.com) – The U.S. Supreme Court has agreed to weigh in on a case that could have...
Employment Agreement Provisions Not an ERISA Plan
October 7, 2013 (PLANSPONSOR.com) – A federal appellate court found two employment agreements were not benefit plans covered by the...
International Paper Files to Settle 401(k) Fees Suit
October 1, 2013 (PLANSPONSOR.com) – International Paper Company has filed a motion to settle a lawsuit regarding allegations of excessive...
Service Provider Assessing a Fee Was a Fiduciary
September 27, 2013 (PLANSPONSOR.com) – A federal appellate court found that a service provider that assessed a plan-related fee was...
DOL Announces More Enforcements
September 23, 2013 (PLANSPONSOR.com) – Word that the Department of Labor (DOL) is stepping up its enforcement is being backed...
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Firm Expands Compliance Tool to Cover 401(k)s
September 20, 2013 (PLANSPONSOR.com) – Compliancedashboard, a compliance tool for employers sponsoring health and welfare plans, has expanded its interactive...
Contractor Owing Withdrawal Liability Not a Fiduciary
September 19, 2013 (PLANSPONSOR.com) – The 9th U.S. Circuit Court of Appeals has ruled that withdrawal liability owed by a...
DOL Says Use State of Celebration for Marriage Definition
September 18, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) announced new guidance about the impact of the Supreme...
Bank Settles Company Stock Suit
September 5, 2013 (PLANSPONSOR.com) – Flagstar Bancorp has agreed to settle allegations it breached its fiduciary duties by maintaining company...
Court Moves Forward Part of Case over Alternative Investments
September 5, 2013 (PLANSPONSOR.com) – A federal district court has given the green light to certain claims that fiduciaries to...
Pension Participants Sued for Benefits Too Late
September 4, 2013 (PLANSPONSOR.com) – A federal appellate court ruled pension participants filed their lawsuit for benefits past the statute...
Trustees to Repay Union Benefit Funds
August 20, 2013 (PLANSPONSOR.com) – The trustees of union benefit funds have begun a process of repayment to the funds...
Investment Adviser Ordered to Restore Plan Losses
August 19, 2013 (PLANSPONSOR.com) – An investment adviser has been ordered to restore plan losses, incentive fees and penalties for...
Court Reiterates Years of Service Is Not Valid NRA
August 12, 2013 (PLANSPONSOR.com) – A district court has again decided “five years of service” is not a valid normal...
Court Reverses Ruling on Denial of Class Certification
August 12, 2013 (PLANSPONSOR.com) – A federal appellate court has moved forward a class action claim regarding Lockheed Martin’s retirement...