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

Alert: Governor Newsom Signs AB 5 Into Law, Effective January 1, 2020

On September 18, California Governor Gavin Newsom signed AB 5 into law, and the new law will become ...

Read More >

Shining A Light On Renewables: What Investors Should Know As The Industry Continues To Ascend

For anyone tracking the future of energy, 2020 is expected to bring a major milestone: Renewables ar...

Read More >

2020 Legislative Update: Lactation Accommodation

California’s 2019 legislative session recently ended, leaving employers with a number of new laws r...

Read More >

DHS Finalizes H-1B Cap Registration Fee

The U.S. Department of Homeland Security published a final rule that will require employers to pay a...

Read More >

HR Quick Take: Electronic Signatures

Q: Can I use electronic signatures for consents to background checks under the Fair Credit Reporting...

Read More >

SPACs & Entire Fairness: What Standard Of Review Applies To The de-SPACing Transaction

While litigation against special purpose acquisition companies (“SPACs”) has been historically rar...

Read More >