Browsing Tag
401(k) Litigation
249 posts
Can Employees Release ERISA Fiduciary Breach Claims?
Plan fiduciaries looking to avoid protracted court cases filed by their plan participants are trying to develop the…
What’s the Difference Between Fiduciary Insurance and a Fidelity Bond?
Plan administrators often ask me to explain the difference between a fidelity bond, which is required, and fiduciary…
Two Provisions to Protect Against ‘Significant’ 401(k) Litigation
Thanks to a recent ruling by the Supreme Court, employers can now be confident that arbitration agreements and…
Successful 401k Fiduciary Defense Verdicts
NYU, and the judge’s colorful decision, immediately come to mind, says Pension Resource Institue and Retirement Law Group’s…
Recent Fiduciary Breach Case Has Major Implications for 401k Advisors
Cambridge Fiduciary Services’ Roger Levy deconstructs Brotherston v. Putnam Investments. The video titled “Recent Fiduciary Breach Case Has…
Major 401k Fiduciary Breach Lawsuit Finally Comes to an End
It could be argued it’s the case that started it all. After 12 years of lawyers, litigation and…
Fidelity Facing 401k Fee Fire on Multiple Fronts
Massachusetts Secretary of the Commonwealth William Galvin sent a letter to Boston-based Fidelity Investments on Feb. 27 requesting…
Caution: Pros and Cons of Arbitrating 401k Fiduciary Claims
Arbitration is an oft-used form of alternative dispute resolution. Two or more parties fail to resolve a disagreement,…
Why 401(k) Committees Need to Take Meeting Minutes
It’s been said that the DOL and courts take the position that “if it wasn’t documented, it didn’t…
Amish Community Targeted in 401k Fraud
An alleged Ponzi scheme involving the Amish community is being called a “landmark” case of fraud—not for the…