Attorney Believes Supreme Court Will Side With Plaintiffs in DB Plan Case
"How does it make sense to say that if you are a dollar over-funded, there is no risk of harm...
Tag: self-dealing
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.
ERISA Self-Dealing Lawsuit Calls SEI Plan ‘Captive Customer’
According to the lead plaintiff, the DC plan in question offers only investment options that generate fees for SEI and...
Report Lays Out Causes and Consequences of ERISA Lawsuits
The rise in lawsuits is prompting more sponsors to turn to lower-cost index funds—and could prevent them from offering lifetime...