Two signature US Labor Department policies are almost certain to face a test of whether the latest updates to the agency’s regulations can survive legal deficiencies that led to the demise of their Obama-era predecessors.
The
A National Basketball Association referee who was terminated for refusing to receive the Covid-19 vaccine won $2.9 million in a lawsuit saying he was wrongly denied pension benefits under the league plan.
A pair of top
Three former Aerotech Inc. workers filed a proposed class action saying their employee stock ownership plan was mismanaged because it parked too much money in cash-like investments that paid paltry returns.
The Consumer Financial Protection Bureau and the union representing most of its workers reached a tentative agreement on compensation.
A $485,000 class settlement benefiting Taylor Corp. employees received preliminary court approval, paving the way for resolution of litigation challenging the Minnesota printing and marketing company’s retirement plan fees.
Fewer than one in 10 of <-bsp-bb-link state="{"bbHref":"bbg://news/topics/EUROPE","_id":"0000018f-15b7-d583-afbf-d7ff4c170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Europe’s best-paid bankers are female, new research shows, highlighting the wide gender pay gap in the financial services industry.
Loren Brown is the rare law firm leader I’ve spoken with who can articulate a business plan around generative artificial intelligence.
Pension Benefit Guaranty Corporation Director Gordon Hartogensis will leave his leadership role once his five-year term expires at the end of April, according to a statement from the agency.
The White House has completed its review of a final rule governing who can use association health plans, which have been touted by small businesses and the self-employed as a cheaper alternative to other employer-sponsored plans.
BHS Management Services Inc. plans to settle a 5,000-person class action saying it mismanages its $553 million retirement plan by overpaying for administrative services and offering pricey investment options.
The court granted Greater St. Louis Construction Laborers Welfare Fund summary judgment on its ERISA action against CMT Roofing LLC., finding that the fund is entitled to a damages award of $754,891 for unpaid contributions under collective bargaining agreements. Greater St. Louis Constr. Laborers Welfare Fund v. CMT Roofing LLC, 2024 BL 137207, E.D. Mo., 4:22-cv-00047-JAR, 4/22/24
The court granted UNUM Life Insurance Company of America partial judgment on the pleadings in this ERISA action seeking restitution from an employee for overpayments under a group long-term disability insurance policy. Unum Life Ins. Co. of Am. v. Reynolds, 2024 BL 138721, M.D. Ala., 3:23-cv-512-RAH-JTA [WO], 4/23/24
The court granted Anthem Blue Cross Blue Shield Missouri and Blue Cross Blue Shield of Missouri’s motion to dismiss for lack of personal jurisdiction Abira Medical Laboratories LLC’s breach of contract suit alleging refusal to pay or underpayment of claims. Abira Med. Labs. LLC v. Anthem Blue Cross Blue Shield Mo., 2024 BL 135165, E.D. Pa., 23-4940, 4/19/24
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