Tag: fiduciary duties

Most of an adviser’s assets under management are controlled by clients who are dealing with either cognitive decline or chronic...

A federal judge in Virginia allowed ERISA claims to continue and ruled the plaintiffs may amend the complaint to fix...

Rick Funston, CEO of Funston Advisory Services, talks through how public plan fiduciaries can prepare for and manage an increasingly...

ERISA attorneys review what the law and a decade or more of case law require of plan sponsors.

Plan participants working at Amazon subsidiary Whole Foods Market sued in Texas federal court.

The American multinational technology company is pulling its traditional 401(k) company match in favor of a company retirement account contribution...

The former director of academic information resources at Howard University has sued the higher education institution, employees’ pension plan and...

The Department of Labor claims a New Jersey electrical contractor misappropriated employees’ retirement plan contributions and ended employer contributions to...

The Department of Labor’s Employee Benefits Security Administration is bringing the regulator’s retirement plan compliance seminar to California.

The former director of human resources at alternatives specialist Weiss-Multi-Strategy Advisers has sued the company, adviser subsidiary and retirement plan...

When L D Wenger Construction Co. Inc. ceased operations, its 401(k) plan was deserted by the fiduciary, barring retirement plan...

A former employee of Cedars-Sinai Medical Center alleges onerous plan fees and under-performing funds.

The class action proposal seeks to recover retirement plan losses allegedly caused by fiduciary breaches leading to ‘unreasonable’ fees.

The lawsuit seeks to recover retirement plan losses due to alleged mismanagement of CoreLogic’s 401(k) retirement plan.  

The narratives of the two parties have consolidated around opposing views and how those views relate to fiduciary duties.

A New Jersey-based graphite manufacturer is alleged to have failed to operate the employee stock ownership plan in the best...

The retirement plan lawsuit, originally filed in 2020, alleged fiduciary breaches committed by the ERISA finance and administrative plan committee.

August 4 letter to CEO Larry Fink seeks ‘clarification on actions that appear to have been motivated by interests other...

Industry professionals highlight the importance of implementing environmental, social and governance strategies, and explain how the investments connect to a...