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Dechert LLP

Texas Court Issues DOL Fiduciary STAYcation

Dechert LLP on

On July 25, 2024, the U.S. Federal Court for the Eastern District of Texas issued a stay (the “Stay”) on the effective date of the Department of Labor’s (“DOL”) 2024 investment advice fiduciary rule (the “2024 Fiduciary...more

Mintz

Texas Court Rules ESG Lawsuit Against Employer's 401(k) Plan Can Proceed

Mintz on

Recently, a Texas federal court denied the defendants' motion to dismiss in a lawsuit featuring allegations that an employer's 401(k) plan, which allegedly relied on ESG principles when making investments, violated ERISA. ...more

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