Page 2 - Daniel Aronowitz News Today

Joel Aronowitz, MD, a California plastic surgeon, will pay $23.9 million to settle allegations his practice submitted false claims to Medicare and Medicaid. 

LOS ANGELES—A Beverly Hills plastic surgeon, his son, medical practices and billing company have agreed to pay $23.9 ...

Acquisition specializes in complex fiduciary liability for employee benefit plans

Among the latest major employers to be sued under ERISA for alleged underperformance of default investment options are Marsh & McLennan and Advance Publications.

One fiduciary insurance executive says a spate of new ERISA lawsuits ‘demonstrates that no fiduciary is safe, since one can apparently be sued just because they trailed the performance of the highest-performing funds in the market.’ 

The lawsuit claims that chasing low fees is currently “in vogue” and that fiduciaries gave no consideration to the funds’ ability to generate returns.

The defendant in the case, CommonSpirit Health, was accused of committing fiduciary breaches in the provision of an active target-date fund suit—allegations rejected both in district court and on appeal.

Employee Retirement Income Security Act lawsuits keep coming, as do loads of settlements.

An insurer speaks out about why the majority of excessive recordkeeping fee claims are ‘bogus.’

/PRNewswire/ -- Euclid Fiduciary released a new whitepaper authored by the underwriting companys Managing Principal Daniel Aronowitz reviewing the common...