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Appellate Courts 401k Class Action

Nutter McClennen & Fish LLP

Second Circuit Rules on Plaintiffs’ Standing and Prohibited Transaction Issues in 401(k) Class Action

The Second Circuit recently made two rulings of interest to ERISA litigators and to fiduciaries of 401(k) or other defined contribution plans. In the first ruling, the court held that individual plan participants did not have...more

Jackson Lewis P.C.

Tenth Circuit Affirms Damages Based On Revenue Credit, And Makes Clear That Arms-Length Service Agreements Without Evidence Of A...

Jackson Lewis P.C. on

On appeal following a bench trial of claims brought by a class of participants and beneficiaries of a 401(k) plan, the Tenth Circuit affirmed the decision of the District of Colorado calculating damages and prejudgment...more

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