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26 results found

Article

Greenberg Traurig LLP | USA | 11 Jan 2019

New Year's Resolution: Prepare Yourself for an IRS or DOL Plan Audit

How confident are you that your company’s retirement plans are being run in accordance with all legal requirements under the Employee Retirement

Article

Greenberg Traurig LLP | USA | 1 Jun 2018

GT Insights for Public Companies 6.1.2018

SEC SEC Staff Issues 45 New Proxy C&DIs The Staff recently provided updated guidance relating to the proxy rules and disclosure requirements for the

Article

Greenberg Traurig LLP | USA | 13 Mar 2018

Unique Strategy in ERISA Class Action Results in Zero Liability to Defendants

In Wema Hoover v. Brijon Management & Employee Leasing Services, et al., Case No. 3:14-cv-05786-MAS-DEA (D. N.J.), a former employee of Brijon

Article

Greenberg Traurig LLP | USA | 22 Mar 2017

Sixth Circuit Joins Six Other Circuits in Ruling Exhaustion of Plan’s Administrative Procedures Not Required When Asserting Statutory Violations

On Tuesday, March 14, 2017, in Hitchcock v. Cumberland University, No. 3:15-cv-01215, 2017 WL 971790 (6th Cir. Mar. 14, 2017), the Sixth Circuit

Article

Greenberg Traurig LLP | USA | 18 Aug 2016

ERISA Advisory Council Highlights Importance of Cybersecurity Oversight

The 2016 ERISA Advisory Council (the Council), a group created to advise the Department of Labor, is gathering on Aug. 23-25, 2016, to study ways to

Article

Greenberg Traurig LLP | USA | 19 May 2016

The DOL Issues Broader Fiduciary Adviser Definition: What Does it Mean for You?

Since the enactment of ERISA in 1974, there has been a dramatic shift in the retirement savings marketplace from employer-sponsored defined benefit

Article

Greenberg Traurig LLP | USA | 14 Oct 2015

New York AG and U.S. DOL to cooperate in enforcing federal and state laws

The New York State Attorney General's Health Care Bureau (AG) and the U.S. Department of Labor Employee Benefits Security Administration (DOL)

Article

Greenberg Traurig LLP | USA | 28 Jun 2012

ERISA fiduciary breach for failure to monitor fees leads to $35 million class action hit

In the first class action over 401(k) fees to be tried and decided on its merits, a Missouri federal district court ruled in March that manufacturer ABB Inc. breached its Employee Retirement Income Security Act (ERISA) fiduciary duties.

Article

Greenberg Traurig LLP | USA | 25 Jun 2012

New regulations for retirement-plan sponsors to take effect on July 1

Recent Department of Labor regulations slated to take effect on July 1, 2012, require retirement-plan service providers to disclose any direct and indirect compensation and potential conflicts of interest to employment-plan sponsors.

Article

Greenberg Traurig LLP | USA | 29 Jun 2011

Supreme Court identifies remedies under ERISA for employees harmed by misinformation

Employers providing employees with benefits subject to ERISA have a duty to provide accurate benefit information to employees.

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