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Employee Benefits Developments - April 2021 | Hodgson Russ LLP

To embed, copy and paste the code into your website or blog: The Employee Benefits Practice is pleased to present the Employee Benefits Developments Newsletter for the month of April 2021. Click on the links below for more information on each specific development or case. Circuit Court Finds Claims of ERISA Fiduciary Breach Do Not "Relate to" Employment for Purpose of Employment-Based Arbitration Agreement Release of Claims Fails to Block ERISA Lawsuit Amounts Paid for Personal Protective Equip...
United States North Carolina Clive Cooper Hodgson Russ Circuit Court Finds Mental Health Parity

Second Circuit: 401(k) Fiduciary Breach Claims Not Subject to Arbitration | Morgan Lewis

To embed, copy and paste the code into your website or blog: In a 2-1 split decision, the US Court of Appeals for the Second Circuit reversed a lower court’s decision that an arbitration agreement signed by an employee as part of his employment required that he arbitrate any fiduciary breach claims challenging the investment options and fees in his employer’s 401(k) plan. On March 4, 2021, the Second Circuit issued an opinion in Cooper v. DST Systems, Inc., et al., reversing a lower court�...
Clive Cooper Richardj Sullivan Morgan Lewis Ruane Cunniff Goldfarb Inc Arbitration Program Output Arbitration Program

ERISA Fiduciary Claims Not Subject to Arbitration

ERISA Fiduciary Claims Not Subject to Arbitration Thursday, March 11, 2021 The Second Circuit has ruled in a significant decision that ERISA breach of fiduciary claims are not subject to arbitration under an employment arbitration agreement with the employer plan sponsor. 1 In reversing a New York district court’s order to compel arbitration, the Second Circuit emphasized that the arbitration agreement the employee signed when he was hired only banned him from filing claims in court...
New York United States Clive Cooper Granite Rock Co National Labor Relations Board Princess Cruise Lines Ltd

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