A federal court found most of the plaintiffs’ ERISA fiduciary breach claims are sufficiently pled to advance beyond the motion to dismiss stage in the litigation process.
Claims regarding NFP’s direct responsibility for the selection and retention of the flexPATH target-date funds were dismissed while allegations about its advice regarding the funds were moved forward.
The lead plaintiffs’ attorney says the Supreme Court has confirmed that it is the employer’s obligation, not the employee’s, to make sure funds in the plan are prudent and not excessively costly.
Chief District Judge Nancy Rosenstengel grants Apple’s request to maintain sealed portions of a lawsuit alleging facial recognition technology used in the Photos App violates BIPA, supporting Apple’s claim that unsealing the information would give its competitors an advantage.