Search for: "Pension Review Committee of ABB, Inc."
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9 Jul 2012, 7:21 am
ABB, Inc., found that it was too late for the plan fiduciaries for the two ABB Inc. 401(k) plans to fix their mistakes, the opinion should serve as a wake up call to other 401(k) plan fiduciaries to change their fiduciary ways before it is too late for them.The court found that the ABB defendants (the ABB Pension Review Committee, the ABB Employee Benefits Committee and John Cutter, the Director of… [read post]
9 Jul 2012, 7:21 am
ABB, Inc., found that it was too late for the plan fiduciaries for the two ABB Inc. 401(k) plans to fix their mistakes, the opinion should serve as a wake up call to other 401(k) plan fiduciaries to change their fiduciary ways before it is too late for them.The court found that the ABB defendants (the ABB Pension Review Committee, the ABB Employee Benefits Committee and John Cutter, the Director of… [read post]
24 Apr 2012, 11:39 am
Nevertheless, the court indicated that ABB, Inc. should have taken additional steps in reviewing the revenue sharing arrangement. [read post]