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401k › Fiduciary Duty › Jury Trial

Fisher Phillips

Retirement Plan Fiduciaries Must Adjust to New Era of ERISA Litigation: How a Recent SCOTUS Ruling and $39M Jury Award Changed the...

Fisher Phillips on

A Supreme Court decision in April made it easier for plaintiffs to keep ERISA prohibited transaction claims in play longer, and just days later a rare ERISA trial resulted in a huge win for a class of 401(k) plan...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Down goes Pentegra in a jury trial verdict

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

If you’re a 401(k) plan provider and think you can get away with charging sky-high fees while prioritizing your own bottom line, think again. A federal jury just reminded us all—fiduciary responsibility under ERISA isn’t just...more

Faegre Drinker Biddle & Reath LLP

ERISA Litigation Roundup: Judge Permits Partial Jury Trial in Eversource Energy 401(k) Dispute

Faegre Drinker Biddle & Reath LLP on

In an unusual decision, a federal judge last month refused to strike a plaintiff class’ demand for a jury trial in an ERISA 401(k) class action. In Garthwait v. Eversource Energy Co., a class of former and current...more

Proskauer - Employee Benefits & Executive...

District Court Rejects Demand for Jury Trial in 401(k) Investment Litigation

Proskauer - Employee Benefits & Executive... on

A South Carolina federal district court denied plaintiffs’ demand for a jury trial in an ERISA fiduciary-breach action. The court held that, because federal courts in the Fourth Circuit and elsewhere have consistently held...more

McDermott Will & Schulte

Still No Right to Jury Trial – MIT 401(k) Plan Participants Not Entitled to Jury Trial of ERISA Breach of Fiduciary Duty Claims

McDermott Will & Schulte on

The District of Massachusetts court struck the plaintiffs’ jury-trial demand in their ERISA complaint for damages and equitable relief against 401(k) plan fiduciaries. The court followed the “great weight of authority” in...more

Proskauer - Employee Benefits & Executive...

Plaintiffs Not Entitled to Jury Trial for ERISA Breach of Fiduciary Duty Claims

Proskauer - Employee Benefits & Executive... on

Massachusetts Institute of Technology persuaded a federal district court to toss a jury demand in a case alleging that the MIT 401(k) plan fiduciaries breached their duties by charging unreasonable administrative and...more

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