Third Circuit Revives Excessive Fee Litigation, Finding Plaintiffs Adequately Allege Violation of ERISA Fiduciary Duties
Third Circuit Revives Excessive Fee Litigation, Finding Plaintiffs Adequately Allege Violation of ERISA Fiduciary Duties
In Kruchten v. Ricoh USA, Inc., et al., No. 23-1928, 2024 WL 3518308 (3d Cir. July 24, 2024), a nonprecedential opinion, the Third Circuit reversed the district court’s dismissal of…
Fifth Circuit Permits Class Action to Proceed in ERISA Lawsuit Alleging Mismanagement of Benefit Plans
The Fifth Circuit Court of Appeals recently decided Chavez v. Plan Benefit Servs., Inc., No. 22-50368, __F.4th__, 2024 WL 3409147 (5th Cir. July 15, 2024). This case is a class…
Eighth Circuit Affirms Dismissal of Putative Class Action Challenging United’s Cross-Plan Offsetting due to Lack of Article III Standing
Smith v. UnitedHealth Grp. Inc., No. 23-2369, __F.4th__, 2024 WL 3321646 (8th Cir. July 8, 2024) (Before: Colloton, Chief Judge, Erickson and Kobes, Circuit Judges). Plaintiffs, who are participants in…
Third Circuit Revives Excessive Fee Litigation Against ERISA Retirement Plan Fiduciaries
Mator v. Wesco Distribution, Inc., No. 22-2552, __F.4th__, 2024 WL 2198120 (3d Cir. May 16, 2024) (Before: Hardiman, Porter, and Fisher, Circuit Judges). Plaintiffs-Appellants Nancy and Robert Mator brought an…
District Court Allows Life Insurance Beneficiaries to Allege an Alternative ERISA Breach of Fiduciary Duty Claim Against Unum
In Morales v. CoAdvantage Corp., No. 6:24-cv-117-JA-DCI, 2024 WL 1678250 (M.D. Fla. Apr. 18, 2024), Florida Middle District Judge John Antoon, II granted in part Defendants’ motions to dismiss finding…
Seventh Circuit Revives ERISA Claims Related to ESOP Purchase of Company at Allegedly Inflated Valuation Price
In Appvion, Inc. Ret. Sav. & Emp. Stock Ownership Plan by & through Lyon v. Buth, No. 23-1073, __F.4th__, 2024 WL 1739032 (7th Cir. Apr. 23, 2024), Plaintiff-Appellant is the…
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