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Article
ERISA Litigation Enters The Voluntary Benefits Sphere
As employers begin 2026, a new wave of Employee Retirement Income Security Act (ERISA) litigation is emerging involving voluntary products...
United StatesEmployment and HR
Jackson Lewis P.C.
Article
Former Workers File 401(k) TDF Suit Against American Express
Former American Express employees have filed a class action lawsuit alleging the company maintained underperforming investment funds in its $9 billion 401(k) plan, including proprietary target-date funds that served as default options. The plaintiffs claim these investment decisions breached fiduciary duties under ERISA and cost participants hundreds of millions in potential retirement savings, while potentially benefiting Amex's business relationship with Morgan Stanley Investment Management.
United StatesEmployment and HR

Hall Benefits Law

Further Uncertainty On DOL Fiduciary Rule

We reported in a Foley Adviser on February 3 that President Trump had delayed implementation of the Fiduciary Rule by 180 days.

United StatesEmployment and HR

PBGC Announces 2014 Moratorium On ERISA Section 4062(e) Enforcement Actions

The Pension Benefit Guaranty Corporation issued a press release announcing a moratorium on its enforcement of ERISA Section 4062(e).

United StatesEmployment and HR

McDermott Will & Emery

PBGC Settles Employee’s Title VII Race Discrimination Suit

The Pension Benefit Guaranty Corp. settled a discrimination lawsuit filed by a Black employee who alleged he was passed over for promotion in favor of a less qualified white candidate. The case raises questions about whether the agency's hiring practices violated Title VII protections and whether prior discrimination complaints influenced the promotion decision.

United StatesEmployment and HR

Hall Benefits Law

Republican Attorneys General Object To Proposed Changes To Retirement Funds Fiduciary Rules

Republican Attorneys General Object to Proposed Changes to Retirement Funds Fiduciary Rules.

United StatesEmployment and HR

Schulte Partner Marc Elovitz Featured In "This Week In Washington"

Marc Elovitz, co-managing partner at Schulte Roth & Zabel, spoke with Pensions & Investments on the SEC's withdrawal of 14 rule proposals under Chair Paul Atkins — signaling a significant deregulatory shift and support for market innovation.

United StatesEmployment and HR

McDermott Will & Schulte

Second Circuit Requires Reevaluation Of ERISA Attorney Fee Judgment

The Second Circuit determined that a district court erred when it denied an attorney fee award to an ERISA plaintiff who had sought benefits from a plan.

United StatesEmployment and HR

Proskauer Rose LLP

Senator Hatch Introduces Resolution To Disapprove DOL State Retirement Plan Rule

Senate Finance Committee Chair Orrin Hatch (R-Utah) introduced two resolutions, S.J. Res. 32 and S.J. Res. 33, that would nullify two DOL regulations adopted with the intent of allowing states...

United StatesEmployment and HR

Hogan Lovells Cadwalader

Seventh Circuit Holds Withdrawal Liability Cannot Be "Decelerated"

The Seventh Circuit held that a multiemployer pension fund's withdrawal liability claim was barred by the six-year statute of limitations applicable

United StatesEmployment and HR

Proskauer Rose LLP

Seyfarth's Workplace Class Action Report Profiled In Pensions & Investments

Seyfarth's Workplace Class Action Report was profiled in a January 19 story from Pensions & Investments, "Church-plan challenges lead uptick in ERISA class-action settlements in 2017."

United StatesEmployment and HR

Seyfarth Shaw LLP

Seyfarth's Workplace Class Action Report Referenced In The San Antonio Express-News

Seyfarth's Workplace Class Action Report was referenced in a September 4 story from the San Antonio Express-News, "

United StatesEmployment and HR

Seyfarth Shaw LLP

This Week From The Hill (June 16 – 22, 2024)

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee...

United StatesEmployment and HR

Groom Law Group, Chartered

What Does Lance Armstrong Have To Do With My Postman’s Pension?

According to reports, disgraced cyclist Lance Armstrong is in discussions with the United States Postal Service to return some of the sponsorship monies earned during his tenure on the team.

United StatesEmployment and HR

Waller Lansden Dortch & Davis

401(K) Hardship Withdrawals To Stabilize Post-Divorce Finances

The need to take a "hardship distribution" is not uncommon for many people involved in a divorce.

United StatesFamily and Matrimonial

Fox Rothschild LLP

Securing Retirement: Proactive Cybersecurity Strategies For Plan Sponsors And ERISA Fiduciaries (Podcast)

Buchanan attorneys Candace Quinn and Kurt Sanger, and guest speaker, Berkshire Hathaway Specialty Insurance Senior Complex Claims Director Camille Cribaro-Mello...

United StatesTechnology

Buchanan Ingersoll & Rooney

Deadline Fast Approaching Re: Required Minimum Distributions

The CARES Act, signed into law on March 27, 2020, changed the 2020 required minimum distribution rules for any defined contribution retirement plan subject to RMD payments (such as an IRA or 401(k)).

United StatesCoronavirus (COVID-19)

Duane Morris LLP

Recent SEC Settlement Underscores Focus On Financial Institutions Facing Cyber Intrusions

The SEC faulted the broker-dealer for allegedly both failing to file SARs and omitting important information from the SARS it did file.

United StatesCorporate/Commercial Law

Jenner & Block LLP

Walmart Joins Other Major Employers In Backing Off DEI Policies

Walmart recently announced that it intends to abandon its diversity, equity, and inclusion (DEI) policies, currently part of its nonprofit Center for Racial Equity.

United StatesCorporate/Commercial Law

Hall Benefits Law

401k And The Expansion Of Corporate Paternalism

Fiduciary News recently featured insights from Of Counsel Michelle Capezza examining how 401(k) plans are evolving amid a broader shift toward corporate paternalism in retirement planning.

United StatesEmployment and HR

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Showing 401–420 of 5360 results

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