Edward Jones has been sued for a second time this year in a complaint alleging excessive fees and self-dealing in its ERISA 401(k) plan. Read more
The Seventh and Third circuits concluded the hospitals’ retirements plans aren’t excluded from ERISA as “church plans.” Read more
The result is an opinion that strings together broad statements about the ERISA duties. Read more
Several prominent universities have all been hit with claims under the Employee Retirement Income Security Act (ERISA) recently. Read more
State Street Corp. will pay $530 million to resolve federal and proposed class claims that it overcharged customers on foreign exchange transactions. Read more
We are featuring ongoing activity this month in our firm’s Consumer Fraud and Commercial Litigation Section, which is managed by Section Head Dee Miles. Michelle Fulmer is the Section Admini... Read more
The regulation’s requirement that brokers enter a contract with clients affirming they will uphold the client’s best interest – or disclose when they can’t. Read more
Singing River Health Services has agreed to pay $156 million to settle federal class actions and two state suits accusing it of failing to make annual required contributions into a retiremen... Read more
State Street Corporation, an Asset Manager, will pay $70 million to investors and employees who claimed the company mischaracterized its mortgage-backed securities investments as “high quali... Read more
A federal judge has approved AK Steel Corp.’s $175 million settlement with two classes of retirees in an Employee Retirement Income Security Act lawsuit. The company was accused of unl... Read more
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.