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10 Best Target-Date Fund Families

The best target-date funds are a set it and forget it approach to your retirement, but which fund family should you trust with your money? ....

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Sixth Circuit Addresses Key Issues in Excessive Fee Lawsuits | Groom Law Group, Chartered

On June 21, 2022, the Sixth Circuit in Smith v. CommonSpirit Health unanimously affirmed the decision of the Eastern District of Kentucky dismissing with prejudice a putative class. ....

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Defendants Secure Motion To Dismiss Victories In Three Post-Hughes Decisions - Employee Benefits & Compensation

In April, we wrote here about the discouraging trend of opinions allowing commonly asserted breach of fiduciary duty claims in 401(k) and 403(b) plan investment litigation to survive motions to dismiss. ....

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Appeals court upholds dismissal of ERISA suit against CommonSpirit Health

The 6th U.S. Circuit Court of Appeals agreed with a federal district court's dismissal of an ERISA complaint against CommonSpirit Health. ....

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Plaintiffs Rebuffed by Appeals Court in Active Management Suit

The defendant in the case, CommonSpirit Health, was accused of committing fiduciary breaches in the provision of an active target-date fund suit allegations rejected both in district court and on appeal. ....

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