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8 May 2024, 2:26 pm by Kevin LaCroix
”  Fiduciaries have no obligation to take into account the government’s failure to properly manage the Trust Fund when designing and monitoring their plans. [read post]
7 May 2024, 7:35 am by The White Law Group
However, some advisory teams have departed Osaic due to the Lincoln acquisition and consolidation efforts. [read post]
1 May 2024, 10:16 pm by The White Law Group
LPL Financial Holdings Inc. serves nearly 23,000 financial advisers and manages over $1.44 trillion in advisory and brokerage assets as of March 31, 2024. [read post]
21 Apr 2024, 5:00 pm by Christopher S. Lockman
According to the complaint, the alleged breaches occurred because the fiduciaries, among other things, (1) failed to act prudently when selecting Express Scripts, Inc. as the pharmacy benefit manager (PBM), (2) agreed to a “spread pricing” formulary for prescription drugs, and (3) failed to adequately monitor the PBM to leverage better pricing on certain categories of prescription drugs. [read post]
27 Feb 2024, 10:02 am by Dennis Crouch
Teleflex Inc., 550 U.S. 398 (2007). (2500 words). [read post]
12 Feb 2024, 6:07 am by Kevin LaCroix
  Just like the cases alleging overpayments to TIAA and Fidelity in the retirement space, this lawsuit is claiming that J&J fiduciaries must pay for alleged excessive overpayments or markups to the pharmacy benefit manager (PBM) for specialty generic drugs. [read post]
25 Jan 2024, 4:00 pm by Rob Robinson
Moving away from the traditional corporate ethos that prioritizes shareholder interests, this consolidation emphasizes a client-first approach. [read post]
17 Jan 2024, 5:04 am by Guest Author
The second section of the statute creates the “Regional Fishery Management Councils,” which are the regional administrative bodies that draft fishery management plans. [read post]
8 Jan 2024, 11:59 am by luiza
  For example, the FTC recently brought an antitrust lawsuit against US Anesthesia Partners, Inc. and PE firm Welsh, Carson, Anderson & Stowe, alleging the defendants “executed a multi-year anticompetitive scheme to consolidate anesthesiology practices in Texas, drive up the price of anesthesia services provided to Texas patients, and boost their own profits. [read post]