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T Rowe Price Workers Lose Appeal Bid On Hardwiring Issue
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AAA Units Hit With ERISA Class Action Over 401(k) Plan
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Colorado Court Decides Issue Of First Impression Regarding ERISA Preemption Of State Divorce-Revocation Statute - Employment and HR
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ESG getting nods from institutions Why does it lag in 403(b)s?
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Liberty Mutual Can t Sink ERISA Fee Suit
Law360 (June 15, 2021, 8:09 PM EDT) A Massachusetts federal court on Tuesday refused to toss a proposed class action lodged by Liberty Mutual workers who claimed the company saddled their retirement plan with too-high fees and sluggishly performing funds, costing them millions of dollars and violating federal benefits law.
U.S. District Judge Mark Mastroianni cast aside the insurer s motion to dismiss in his electronic docket order, determining that the proposed class of workers and retirees had sufficiently pled their case alleging Liberty Mutual Group Inc. mismanaged their 401(k) plan and breached the Employee Retirement Income Security Act.