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21 May 2024, 9:01 am by Lax & Neville LLP
  While we believe there are strong claims against Merrill Lynch for violation of ERISA, we believe that they must be arbitrated at FINRA. [read post]
15 May 2024, 10:00 am by Ortiz Law Firm
The plaintiff, Terrance Gill, was a project manager at Union Bank when he applied for LTD benefits. [read post]
9 May 2024, 5:37 am by Stephen Rosenberg
I have long credited plaintiffs’ lawyers with having raised the bar spectacularly with regard to the care and feeding of participants that is provided by plan fiduciaries. [read post]
8 May 2024, 2:26 pm by Kevin LaCroix
  But plaintiffs’ lawyers are going to argue that ERISA’s prudence standard imposes such an obligation. [read post]
6 May 2024, 5:16 am by karplawfirm
Advisors on retirement accounts will now be required to act as fiduciaries as defined under federal ERISA law. [read post]
23 Apr 2024, 12:36 pm by Kevin LaCroix
On September 25, 2020, the plaintiffs in the underlying actions amended their complaints, asserting only federal securities law claims, and no common law claims. [read post]
22 Apr 2024, 5:00 pm by Anna Mikhaylina
The complaint alleges that Johnson & Johnson and its pension and benefits committee breached their fiduciary duty under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) by imprudently selecting the PBM for the Johnson & Johnson plans, agreeing to pay unreasonable prices, and failing to properly oversee the PBM. [read post]
21 Apr 2024, 5:00 pm by Christopher S. Lockman
Yet many plan sponsors overlook the fact that the fiduciary standards of ERISA apply equally to retirement plans and health and welfare benefit plans. [read post]
19 Apr 2024, 9:27 am by CFM Admin
April 19, 2024 Clients, Friends, and Associates: As we end the first quarter and enter the spring season, we would like to highlight some of the recent industry updates and occurrences we found to be both interesting and impactful. [read post]
These new measures can leave employers vulnerable to litigation for potential breaches of fiduciary duty, and the plaintiffs’ bar appears poised to pursue these novel avenues of liability. [read post]
15 Apr 2024, 5:00 am by Scott Tippett
Plaintiffs’ lawyers are actively looking for plaintiffs who are participants in employer-sponsored plans, particularly following the recent court decision regarding Johnson & Johnson’s healthcare plan. [read post]
13 Apr 2024, 4:48 pm by Unknown
 As an employment lawyer, my perception of ERISA is that it is a never-ending source of plaintiff's litigation as plan administrators seem to make one misstep after another in handling employee investments and returns. [read post]
4 Apr 2024, 7:01 am by Class Action Defense
§§ 1001 et seq., over the last several years persisted in 2023, with class action litigators in the plaintiffs’ bar continuing to focus on challenges ERISA fiduciaries’ … Continue reading "Introducing The Duane Morris ERISA Class Action Review – 2024! [read post]
18 Mar 2024, 10:00 am by Ortiz Law Firm
” The plaintiff then brought this action against Hartford Life and Accident Insurance Company. [read post]
13 Mar 2024, 12:55 pm by Kevin LaCroix
Background On June 2, 2023, an American Airlines pilot filed an ERISA class action lawsuit in the Northern District of Texas against American Airlines and its Employee Benefits Committee. [read post]
13 Mar 2024, 10:00 am by Ortiz Law Firm
The court case is summarized here to give readers a better understanding of how Federal Courts decide long-term disability ERISA claims. [read post]