Tag: prohibited transactions

A California federal judge’s ruling in an ERISA lawsuit against Molina Healthcare provides a window into this court’s thinking on...

A judge determined the retirement plan recordkeeper and third-party administrator misappropriated millions in clients’ plan assets.  

A restraining order has been filed in the Department of Labor lawsuit against Pennsylvania third-party administrator RiversEdge.

The changes include more explicit criteria and modified definitions of what it means to be an independent fiduciary and appraiser.

The Department of Labor filed a lawsuit against Blue Cross Blue Shield of Minnesota, claiming the third-party administrator became a...

Appellate courts have different interpretation of prohibited transaction rules under the Employee Retirement Income Security Act, paving the way for...

Lawyers for the plaintiff, a third-party administrator, alleged identical claims against each defendant.

The DOL sent a new fiduciary rule for an interagency review before its publication in the Federal Register.

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 tax agency intends to use outreach and expanded exams over the next year to address compliance by companies with...

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

Former employees are suing GreatBanc Trust Co. and executives from Buckeye Corrugated Inc., a national packaging and display products manufacturer,...

Concrete producer Di Ferraro Inc. failed to remit employee withholdings and loan repayments to the plan over six years, the...

The Department of Labor extended to mid-April the deadline for public comments on amendments to the Voluntary Fiduciary Correction Program...

The 2nd Circuit Court of Appeals’ reversal of class certification will likely make it more difficult for ERISA class action...

The Department of Labor’s proposal will affect a prohibited transaction exemption that permits certain parties related to retirement plans to...