Our Blog - Surety Matters

In the past few months, Wisconsin, among other states, has seen a rise in class litigations involving breach of fiduciary duty claims under the Employee Retirement Income Security Act of 1974, or ERISA. These types…
Read Moreabout Wisconsin Sees Spike in ERISA Class Action Claims

A fiduciary is an organization or individual that holds the critical power and responsibility of acting on behalf of others. A fiduciary pledges to carry out their daily duties honestly and through good faith. A fiduciary…
Read Moreabout What is a Fiduciary Duty?

The Arkansas Teacher Retirement System, or ATRS, has filed a lawsuit against Allianz Global Investors to restore over $774 million in losses allegedly suffered due to negligence, fiduciary and contractual breaches of duty. The suit…
Read Moreabout Arkansas Teacher Pension Sues Allianz Global Investors for Fiduciary Breaches

If you are a plan fiduciary, you must be fluent in ERISA compliance. If you are not, this is the perfect time to understand what ERISA is and how you can become compliant! What exactly is…
Read Moreabout Does ERISA Apply to Me?

Koch Industries is now charged with excessive recordkeeping fees by current and former plan participants in the Georgia-Pacific Hourly Plan. The lawsuit against Koch Industries, Koch Business Solutions, and the Koch Benefits Administrative Committee alleges…
Read Moreabout Koch Industries Hit with Excessive Fee Lawsuit

Filed in the U.S. District Court for the Northern District of Illinois, eight former workers of Astella US LLC, a drug company, are suing plan fiduciaries of the company, criticizing the plan’s size and how…
Read Moreabout Excessive Fee Suits Target CIT Choice Issues

The Labor Department has launched new guidance on private equity in 401(k) plan designated investment choices and a suggested regulation on social, environmental and governance investing. The proposed rule, titled Financial Factors in Selecting Plan…
Read Moreabout Recent Updates in ERISA Plan Investment Regulation

Former plan participants of Estee Lauder’s 401(k) Savings Plan have filed a class-action lawsuit against the company, its board of directors, and the plan’s investment committee, alleging the company breached their fiduciary duties under the…
Read Moreabout Estee Lauder Faces 401(k) Excessive Fee Lawsuit

Retirement plan sponsors are beginning to see more claims involving the alleged wrongful use of personal information belonging to retirement plan participants claimed to be “plan assets”. The specifics of these allegations is that employers…
Read Moreabout Is Personal Information of Plan Participants An ERISA Plan Asset?