Is ChatGPT sufficiently reliable to provide advice on employee benefits matters? Not yet, but ChatGPT and generative Artificial Intelligence may likely be useful tools for employee benefits attorneys in the future....more
They are the words in-house counsel dread to see in the caption of a new lawsuit: “on behalf of themselves and all others similarly situated.” ERISA class actions present special challenges and risks to plan sponsors and...more
6/20/2018
/ Article III ,
Breach of Duty ,
Class Action ,
Corporate Counsel ,
Employee Retirement Income Security Act (ERISA) ,
Employment Litigation ,
Exhaustion Doctrine ,
Fiduciary Duty ,
FRCP 23(b)(3) ,
Injury-in-Fact ,
Standing ,
Statute of Limitations
After years of debate and speculation, the U.S. Department of Labor (DOL) issued its final package of rules to regulate individuals and entities that provide investment advice to retirement plans and IRA investors. The DOL’s...more
The U.S. Department of Labor (DOL) recently released long-awaited, re-proposed regulations that would broaden the “fiduciary” definition under the Employment Retirement Income Security Act (ERISA) and the Internal Revenue...more