X
05Aug

Incorrect Benefit Estimate not a Breach of Fiduciary Duty

A Bank of America employee sued a Bank of America Pension Plan for breach of fiduciary duty because a benefit estimate was incorrect. The estimate included years of service for which the employee had previously received a distribution of that related...
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/incorrect-benefit-estimate-not-a-breach-72912/

Related

Rep And Warranty Insurance Has Growing Popularity In PE Deals

Private equity buyers have become a significant player in the healthcare M&A space and they continue...

Read More >

[Audio] Bracing For Change: A Look Ahead To 2021

What will the oil and gas landscape look like in 2021? Managing Director Gary Pittman discusses bank...

Read More >

Final Massachusetts Paid Family and Medical Leave Regulations Published and Other PFML Updates

The Massachusetts Department of Family and Medical Leave (“DFML”) has posted the much-anticipated ...

Read More >

NLRB Tunes Up Appropriate Standard in Determining Bargaining Unit of Mechanics at Boeing

The National Labor Relations Board (NLRB) has held that a unit selected for organizing by the Intern...

Read More >

Proactively Adopting a Poison Pill in Response to the COVID-19 Crisis

Tailored considerations for boards of directors and management in the current environment. Key Poin...

Read More >

Seventh Circuit Rules the ADA Does Not Protect Future Disabilities

On October 29, 2019, the Seventh Circuit held that Burlington Northern Santa Fe Railway Company (“B...

Read More >