The U.S. Court of Appeals for the Ninth Circuit partially reversed the dismissal of two proposed class actions alleging mismanagement of separate 401(k) plans in violation of ERISA. In Davis v. Salesforce.com, Inc., 2022 WL...more
The Southern District of Texas has dismissed breach of fiduciary duty claims against Fidelity Investments, holding that participant data is not a plan asset and that Fidelity did not improperly use that data. Harmon v. Shell...more