The Employment Retirement Income Security Act (ERISA), enacted in 1974, established critical protections for employee ...
This month’s Friday Five covers an appellate ruling on a complicated case raising both state and federal claims, an instance of ...
A recent lawsuit filed by Schlichter against Charter Communications’ DC plan with over $7 billion and 100,000 participants, ...
Mention a Packard or Studebaker to classic car buffs and eyes glisten. These sleek wheels were once the epitome of luxury. In 1954, the two companies merged, but the new company lost its traction and ...
The hearing last month explored the legal process for enforcing the fiduciary duty of retirement plans to avoid excessive recordkeeping fees.
The brief is in support of Southern Co. Services, which is accused of using outdated assumptions when calculating retirees’ joint and survivor annuity benefits.
The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
In another courtroom battle between the Department of Labor and the retirement industry, three big employer groups are ...
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
Last week, after 14 hearing sessions, Finra arbitrators Steven E. Eisenberg, Mark H. Schiff and Mark Sunshine found in Morgan Stanley's favor, ruling that Zapoleon was not entitled to recovery of his ...
Fifty years ago, the world dramatically changed for Americans saving for retirement. The landmark law known as the Employee Retirement Income Security Act (ERISA) was enacted. But is the law still ...