Charles Schwab announced last week that it is planning to move "a significant number of San Francisco-based jobs" out of state over the next three to five years.

In Stargel et al. v. SunTrust Banks Inc. et al., No. 1:12-cv-03822, (N.D. Ga. Aug. 8, 2013), a Georgia federal judge dismissed a putative class action against Suntrust Banks.

As of January 1, 2017, businesses with 26 or more employees must pay a minimum wage of $10.50 per hour; the rate increases to $15.00 per hour in 2022.

The Ninth Circuit recently held that an employer who failed to pay $170,045 in withdrawal liability could discharge the liability in bankruptcy.

According to a December 18, 2013 motion for preliminary approval, Regions Financial Corp. has agreed to pay $22.5 million to settle an ERISA stock-drop litigation pending in the Western District of Tennessee. Plaintiffs alleged that defendants, which included members of the plan investment committees, among others, imprudently retained Regions Financial stock as an employee retirement plan option despite risky loan practices that utilized subprime mortgages and other "exotic" loan products.

Connie N. Bertram, Co-Chair of the Government Contractor Compliance Group, was quoted in an article in the Washington Post discussing the Navy Yard shootings.

The Second Circuit recently affirmed the dismissal of former Lehman Brothers employees’ fiduciary breach claims relating to their investment in the Lehman Brothers stock fund through their 401(k) plan. Rinehart v. Akers, 2013 WL 3491281 (2d Cir. July 15, 2013).

The Sixth Circuit recently concluded that a disability plan participant was entitled to relief consisting of benefits under the plan and disgorgement of defendant’s profits for delaying payment.

The Defense of Marriage Act, which defines "marriage" and "spouse" as excluding same-sex partners, was struck down by the U.S. Supreme Court today in a 5-4 decision on equal protection grounds.

On September 13, 2024, California's Franchise Tax Board ("FTB") released updated proposed regulations ("Draft Regulations"), which would amend the rules regarding market-based...

At a recent forum sponsored by the Boston Bar Association and the Boston Patent Law Association, attendees were treated to significant insights into how judges in the District of Massachusetts view patent cases.

Assignments, Standing

Bob Plaze authored an article for the Investment Adviser Association Newsletter.

Recently, the Ohio Supreme Court ruled that employees had no claim for invasion of privacy when a drug-testing facility "directly observed" them as they provided a urine sample.

Béatrice Pola discusses the legal framework of working on Sunday in an interview for the French national news channel France Info TV with journalist Dominique Verdeilhan. Interview aired October 22, 2018

The Fifth Circuit concluded that a plan's three-year contractual limitations period began to accrue when a beneficiary received a letter in 2008 that prominently displayed

The Sixth Circuit joined several other circuits in holding that a participant need not have actually incurred a financial loss in order to have standing to assert an ERISA claim for benefits under

The FCA has warned firms in the general insurance sector to put customers first with regard to the value of products and services provided to them.

The segment also explores the loopholes and workarounds that states could implement to allow their residents to avoid this cap.

On May 5, 2021, another federal district court, this time for the Northern District of California, permitted the IRS to proceed with a John Doe summons very similar to the one served on Circle last month...