2 results found
Hodgson Russ LLP | USA | 15 Apr 2011
Plan sponsor liable for failure to transmit investment directions
An important reminder for plan sponsors - if you promise to collect and transmit investment directions on behalf of your plan participants, then it is critical that procedures are in place to ensure that those investment directions are processed properly and timely.
Wiley Rein LLP | USA | 22 Oct 2008
Later filed suit did not relate back to claim made during policy period
A federal district, applying Oklahoma law, has held that a lawsuit filed after the expiration of a claims-made directors and officers liability policy did not relate back to an earlier action filed during the policy period such that the second action would implicate coverage under the policy.