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Separate account administrator isn't ERISA fiduciary
- Winston & Strawn LLP
- -
- USA
- -
- April 22 2013
On April 16th, the Seventh Circuit affirmed the dismissal of a lawsuit that sought to hold American United Life Insurance Co. ("AUL") liable as an
Seventh Circuit issues sweeping decision in favor of fiduciaries in a 401(k) stock drop case
- Sidley Austin LLP
- -
- USA
- -
- April 22 2013
The United States Court of Appeals for the Seventh Circuit for the first time announced that it was adopting the Moench presumption of prudence to
Podcast on securities law trap for 401(k) plan fiduciaries
- Winston & Strawn LLP
- -
- USA
- -
- April 19 2013
Last September, I blogged on a "Securities Law Trap for 401(k) Plan Fiduciaries" that we have seen lead to litigation against 401(k) Plan fiduciaries
SDNY relies on Moench and In Re Citigroup ERISA litigation to find for fiduciaries in stock-drop cases
- Day Pitney LLP
- -
- USA
- -
- April 17 2013
In two recent decisions issued by the Southern District of New York, the court held that the decision to offer company stock in a 401(k) Plan during
Land of honest Abe not so honest?
- Blank Rome LLP
- -
- USA
- -
- April 16 2013
In March 2013, the SEC announced that it had charged the State of Illinois with securities fraud for misleading municipal bond investors about the
Ninth Circuit affirms Tibble v. Edison International: what does this decision mean for plan fiduciaries?
- Trucker Huss APC
- -
- USA
- -
- April 4 2013
On March 21, 2013, the Ninth Circuit issued its opinion in Tibble v. Edison International, affirming the district court's decision in a case where
What matters: A review of 2011 and 2012
- Kramer Levin Naftalis & Frankel LLP
- -
- USA
- -
- April 1 2013
As you know, the last two years have seen a somewhat improved, but by no means robust, business climate. At the same time, structural shifts in the
Ninth Circuit rules on breach of fiduciary duty claim in investment options case
- Proskauer Rose LLP
- -
- USA
- -
- March 28 2013
In Tibble v. Edison Int'l, 10-cv-56406, 2013 WL 1174167 (9th Cir. Mar. 21, 2013), the Ninth Circuit Court of Appeals ruled that 401(k) plan
SEC charges State of Illinois with misleading investors
- Dorsey & Whitney LLP
- -
- USA
- -
- March 12 2013
The SEC charged the State of Illinois with misleading investors when selling about $2.2 billion in municipal bonds over a four year period beginning
Second Circuit applies rebuttable presumption that fiduciaries were prudent in offering employer stock for one retirement plan but denies the presumption to another plan
- Jenner & Block
- -
- USA
- -
- March 6 2013
In Taveras v. UBS AG, No. 12-1662-cv (2d Cir. Feb. 27, 2013), the Second Circuit held that ERISA plan fiduciaries are not entitled to a presumption
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