The Wagner Law Group continues to monitor the recent flood of retirement plan “forfeiture” litigation. This alert is our eighth update reporting on and analyzing the nature of the claims raised by plaintiffs, the defenses...more
12/12/2024
/ Chevron Deference ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary ,
Forfeiture ,
Injury-in-Fact ,
IRS ,
Loper Bright Enterprises v Raimondo ,
Misuse or Misdirection of Funds ,
Motion to Dismiss ,
Retirement Plan ,
Secretary of Labor ,
Title I
According to CMS, annual health care spending in the United States reached about $4.5 trillion in 2022, 9% of which (about $405 billion) was spent on prescription drugs.[1] CMS also reports that in 2022, 18% of annual health...more
Pension risk transfers (“PRTs”) continue to make the news. And well they should. Last year alone, over $100 billion in liabilities were transferred from defined benefit pension plans to insurance companies. And the trend...more
4/5/2024
/ Annuities ,
AT&T ,
Beneficiaries ,
Class Action ,
Collateralized Loan Obligations ,
Department of Labor (DOL) ,
Disgorgement ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary ,
Insurance Industry ,
Investment ,
Lockheed Martin ,
Pensions ,
SECURE Act ,
Securities ,
Transfers