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
In its current term, the U.S. Supreme Court is taking up a number of interesting and very important cases. Many of the cases on the docket are business-related cases. Among the cases with bu... Read more
A federal judge has granted final approval of a $14 million class action settlement in an ERISA suit against New York Life Insurance Co. (NYL). The suit was brought by employees who claimed... Read more
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