With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
According to the Justice Department, Kmart offered discounted generic drug prices to cash-paying customers, but didnt disclose those cheaper prices when reporting the drugs usual and customary prices to Medicare.
Workers suing over Kentucky's public pension shortfall allege firms and officials breached fiduciary duties by using high-risk, high-fee investments that yielded lackluster returns.
MetLife has hired a law firm to help it track down pension beneficiaries after the company came under investigation for failing to locate possibly thousands of them owed payments.
For the past two years federal regulators have issued subpoenas and scrutinized relationships between drug companies and the charities, which are supposed to operate independently from industry donors.
Since the fiduciary rule has been delayed, New York state is proposing a state law requiring sellers of life insurance and annuities to act in the best interest of clients.
Jerry Schlichter has won more than $330 million in settlements for 401(k) participants litigating complex ERISA cases against some of the countrys most powerful corporations. But a change may be coming to the world of ERISA claims.
A recent legal case hinged on how a fiduciary relationship affects the official time limit on when clients can sue their advisors. Here's what happened.
A cautionary tale for employers with IT departments: Don't give anyone the keys to the kingdom -- this worker sabotaged company computers with an electronic time bomb.
Will the GOP tax bills that change the new pass-through rates lead to widespread retirement plan termination by small business owners? Not necessarily, but there are other possible consequences.