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

“Ok, Boomer” Not Okay in the Workplace

The latest catchphrase in the ongoing generational battle between Millennials and their more senior ...

Read More >

Holiday pay: case law update

The calculation of holiday pay has been the subject of a number of cases over recent weeks. There ar...

Read More >

Simplistic Pay Equity Analyses Do More Harm Than Good

In recent years, some investors have grown increasingly vocal about pay equity issues, with a few in...

Read More >

Key M&A Trends For 2020

Global M&A made another strong showing in 2019, as stock markets, while at times bumpy, rose to new ...

Read More >

How To Determine The Fair Value of E&P Assets For Business Combinations vs. Asset Acquisitions

Determining whether an exploration and production (“E&P”) transaction is a business combination or...

Read More >

Dear YouDig? Unfair retainage

Dear YouDig?, We are finishing up a contract to start a piece of a big project. The owner is pushin...

Read More >