Ninth Circuit Revives ERISA Breach of Fiduciary Duty Claim Against Salesforce for 401(k) Plan Investments
Ninth Circuit Revives ERISA Breach of Fiduciary Duty Claim Against Salesforce for 401(k) Plan Investments
In Davis, et al. v. Salesforce.com, Inc., et al., No. 21-15867, 2022 WL 1055557 (9th Cir. Apr. 8, 2022), Plaintiffs-Appellants alleged that Defendants breached their ERISA duty of prudence with…
Fourth Circuit Revives Claims for Residential Treatment Based on Plan Administrator’s Failure to Produce Documents During Claim Review Process
In Wilson v. UnitedHealthcare Ins. Co., No. 20-2044, __F.4th__, 2022 WL 552028 (4th Cir. Feb. 24, 2022), the Fourth Circuit considered whether Defendant UnitedHealthcare Insurance Company abused its discretion in…
High Court Reaffirms ERISA Plan Fiduciary Duty to Monitor Plan Options and Remove Imprudent Ones
Yesterday, the U.S. Supreme Court decided Hughes v. Nw. Univ., No. 19-1401, __S.Ct.__, 2022 WL 199351 (U.S. Jan. 24, 2022), with the opinion for the unanimous Court delivered by Justice Sotomayor…
Eleventh Circuit Affirms Allstate Retirees Are Not Entitled to Lifetime Vesting in Life Insurance
Yesterday, the Eleventh Circuit Court of Appeals issued its decision in Klaas v. Allstate Ins. Co., No. 20-14104, __F.4th__, 2021 WL 6124337 (11th Cir. Dec. 28, 2021). This matter involves…
Fourth Circuit Reduces Damages Award in DOL Action Against ESOP Company Owner
In Walsh v. Vinoskey, __F.4th__, 2021 WL 5764250 (4th Cir. Dec. 6, 2021), a matter brought by the Secretary of Labor alleging ERISA violations against fiduciaries of an employee stock…
Second Circuit Holds Union Trustees Were Not Acting as Fiduciaries When They Passed Invalid Amendments to Multiemployer Plans
In Massaro v. Palladino, No. 20-1807, __F.4th__, 2021 WL 5570814 (2d Cir. Nov. 30, 2021), involving an “acrimonious dispute” between the Union and Employer Trustees of two employee benefit plans…
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