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NY Court Dismisses Cunningham v. USI Ins. 401(K) Class Action

Cunningham v. USI Ins. Servs. NY court dismissed a 401k plan participant’s putative class action complaint alleging breaches of fiduciary duty. plaintiff alleged defendants allowed the 401k plan to pay recordkeeping fees three times what a loyal fiduciary would have paid.
Supreme Court New York Unninghamv Usi Ins Servs New York District Court Fiduciary Duties Ee Class Action

Shielding Attorney-Fiduciary Communications in 401k Cases

A Court ordered defendants in ERISA fiduciary breach case to produce communications with counsel, rejecting the argument that communications occurred in the context of attorneys advising a 401k plan’s sponsor and fiduciaries as to fiduciary liabilities. In re GE ERISA Litig.
Abor And Employment Financial Institutions And Banking N Re Ge Erisa Litig Iduciary Liabilities Ee Class Action Fiduciary Exception

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