A recent summary judgment decision from the U.S. District Court for the Northern District of Texas in an ERISA (Employee Retirement Income Security Act) class action challenging the alleged impact of environmental, social,...more
7/11/2024
/ 401k ,
American Airlines ,
Class Action ,
Corporate Governance ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Investment Management ,
Proxy Voting ,
Retirement Plan
On June 3, 2020, the U.S. Department of Labor issued an information letter concluding that a plan fiduciary would not violate ERISA’s fiduciary duties solely because the fiduciary offers a professionally managed asset...more
6/5/2020
/ 401k ,
Asset Management ,
Benefit Plan Sponsors ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Private Equity ,
Private Equity Funds ,
Retirement Plan
As the COVID-19 pandemic continues to unfold, many employers are faced with questions about the impact of economic changes and workforce reductions on their compensation and benefits arrangements. This alert is intended to...more
4/10/2020
/ 401k ,
Benefit Plan Sponsors ,
CARES Act ,
Compensation & Benefits ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Defined Contribution Plans ,
Employee Benefits ,
Employer Contributions ,
ESOP ,
Furloughs ,
Investment Adviser ,
Investment Management ,
Layoffs ,
Pensions ,
Relief Measures ,
Retirement Plan