Harvard, Yale Students Shout Divest at Unyielding Colleges
A cause celebre is ringing out across Harvard Yard, Columbia’s South Lawn, Yale’s Beinecke Plaza and UC Berkeley’s Sproul Plaza: Disclose and divest.
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.
A pair of top
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.
A cause celebre is ringing out across Harvard Yard, Columbia’s South Lawn, Yale’s Beinecke Plaza and UC Berkeley’s Sproul Plaza: Disclose and divest.
Kansas is making substantive modifications to its unemployment insurance program under a bill that will go into effect on July 1.
GKN North America Services Inc. agreed to pay $2.95 million to resolve a proposed class action saying the auto part maker used a 401(k) asset allocation service that funneled workers’ retirement savings into overpriced and conflicted funds.
Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.
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.
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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