X
05Dec

Dismissal of DOL’s Failure to Monitor Suit Was Appropriate Based On Retirement Committee’s Swift Action to Rectify Undiversified Trust

As a result of a custodial trustee’s resignation, assets for Severstal Wheeling, Inc.’s (“Severstal”) two ERISA-covered retirement plans were transferred to a new trust.  The retirement committee for the Severstal retirement plans (“Committee”)...
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/dismissal-of-dol-s-failure-to-monitor-57134/

Related

The DOL’s Fiduciary Rule: Will We Get a New Rule?

As you may know, the Department of Labor has included the proposal of a new fiduciary rule on its Re...

Read More >

US Department of State Releases September 2019 Visa Bulletin

In the September 2019 Visa Bulletin issued by the US Department of State, all employment-based class...

Read More >

New Jersey Employers – The NLRB Loosens Restrictions On Confidentiality Instructions For Investigations

On December 16, 2019, the National Labor Relations Board (NLRB) issued a decision in Apogee Retail L...

Read More >

Chancery Denies Corwin Defense Based on Proxy Omissions and Sustains Claims Against Financial Advisor

Chester Cty. Emps.’ Ret. Fund v. KCG Holdings, Inc., C.A. No. 2017-0421-KSJM (Del. Ch. June 21, 201...

Read More >

In Dispute Over Timecard Rounding, California Court of Appeals Issues ‘Balanced’ Ruling

Timecard rounding is a tricky area of employment law. Employers like rounding because it streamlines...

Read More >

How the Latest CFIUS Regulations Will Impact U.S. and Non-U.S. Companies and Investors

The U.S. Treasury Department recently signaled that it is close to finalizing new regulations that w...

Read More >