Rachel Kaercher

Littler

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Latest Posts › Employee Retirement Income Security Act (ERISA)

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Michigan Court Dismisses ERISA Class-Action

Fiduciaries of 401(k) and other retirement plans continue to be targeted by class action lawsuits brought under the Employee Retirement Income Security Act (ERISA) challenging fiduciary decisions regarding investment options...more

10/6/2023 / Breach of Duty , Class Action , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Fees , Fiduciary Duty , Financial Services Industry , Investment Management , Investment Opportunities , Retirement Plan

Update in ERISA Litigation Involving Breaches of Fiduciary Duty Claims

Lawsuits against employers offering retirement benefit plans have been on the rise. Recent suits, discussed in this update, have provided some guidance for employers. In January 2022, the Supreme Court issued the Hughes...more

1/25/2023 / 401k , Breach of Duty , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Fiduciary Duty , Investment Management , Investment Opportunities , Retirement Plan

DOL Issues Final Rule for ERISA Fiduciaries Considering Socially Conscious Investments

Employers offering 401(k) and similar retirement plans should familiarize themselves with a new rule published by the Employee Benefits Security Administration of the U.S. Department of Labor, Prudence and Loyalty in...more

12/12/2022 / 401k , Department of Labor (DOL) , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Environmental Social & Governance (ESG) , Fiduciary Duty , Investment Adviser , Retirement Plan , Shareholder Rights

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