Legal

A claim against EOG Resources Inc., formerly Enron, has been brought in U.S. District Court for the Southern District of Texas alleging ERISA and Fair Labor Standards Act violations.

City National Bank and its officers are in hot water with the Department of Labor, after the latter filed suit against fiduciaries of the City National Corp. Profit Sharing Plan over what it said were excessive fees arising out of self-dealing and conflicted transactions involving plan assets by those fiduciaries.

Volunteers from AARP descended on Washington bearing petitions in support of a fiduciary standard.

Plan sponsors are increasingly unaware theyre fiduciaries.

While corporations, researchers and government agencies are all committed, to a certain degree, to containing health care costs, the public remains absent from the conversation.

BlackRock Inc. agreed to pay $12 million to settle regulatory claims that it failed to disclose a conflict of interest of a top portfolio manager.