A circuit court’s ruling that ERISA fiduciary‑breach claims may be based only on individualized monetary losses has already impacted a separate case in Virginia.
After years of anticipation, the Department of Labor’s latest attempt to expand the definition of fiduciary investment advice is now dead.
While the U.S. Court of Appeals for the Fourth Circuit’s recent class action decision in Trauernicht v. Genworth Financial Inc., No. 24-1880, – ...
Eight former Labor Department officials are calling on lawmakers to reject legislation designed to limit the recent tsunami of ERISA litigation.
Fiduciaries of the Discount Tire/America’s Tire Retirement Plan are accused to retaining a suite of target-date funds that ...
On January 10, 2025, in Spence v. American Airlines[1], a federal district court in Texas ruled that American Airlines (the company) and the committee overseeing its 401(k) plans (the committee) ...
Neither regulators nor courts have provided fiduciaries sufficient guidance to navigate the maze of administering ERISA accounts. It has been impossible to pick up a newspaper recently without reading ...
What do Volition Group Founder Matt Bittner and Brian Uhlig, a senior partner with the Alera Group, have in common? They're among just a dozen benefit advisers from 10 consulting firms who've been ...