Browsing Tag
401(k) Litigation
249 posts
Former CEO Could Face 25 Years After Guilty Plea in Woodbridge Ponzi Scheme
It could be up to 25 years in prison for former Woodbridge Group of Companies CEO Robert H.…
Major Ruling in ‘Plan Sponsor as Fiduciary’ Lawsuit
The Fourth Circuit Court of Appeals, in Dawson-Murdock v. Nat’l Counseling Group, Inc., has allowed a life insurance…
Fidelity Ensnared in MIT 401k ‘Quid Pro Quo’ Allegations
Update: Comments from Fidelity and MIT have been added. Tort terror Jerry Schlichter is alleging bad math and…
10 Litigation Lessons for 401(k) Fiduciaries
401(k) fiduciary litigation is not going away. If you are a plan fiduciary looking to avoid (or win)…
Coal Miners Get the 401k Shaft
A perennial employee fear is that 401k deferrals will fail to be deposited in a timely fashion (if…
Fiduciary Breach Lawsuit Issues Explored: Active Versus Passive Investments
With more than 100 lawsuits filed against the fiduciaries of defined contribution retirement plans for breach of their…
How to Address the (Major) Risks of Proprietary Funds in 401ks
A study by the Center for Retirement Research at Boston College in May 2018[1] found that over 40…
Why 401(k) Advisors, Sponsors NEED an ERISA Attorney
References to the hilariously un-PC movie Airplane set the stage for That 401(k) Conference at Coors Field in…
Fred Reish: Retirement Plan Litigation Lessons
Plan sponsors should be aware of the latest trends in fiduciary litigation in order to manage the risk…
Supreme Court to Hear 401k Fiduciary Breach Case
In a bit of a Tibble v. Edison redux, the Supreme Court said Monday that it will hear…