Page 2 - Vail Corp News Today

The national auto parts distributor faces allegations that it failed to prudently and loyally operate its defined contribution retirement plan.

In what seems to be an effort to force Vail Resorts Inc. to the bargaining table, the Vail Town Council late Tuesday approved a resolution to move forward with condemning

The face of Mount Mansfield features the famed Front Four forming long white lines down the fall line. Below that, long lines of steel and aluminum, bumper to bumper.

A comment to Park City leaders about a hot dog purchased at Park City Mountain Resort has suddenly become emblematic amid an intense wave of criticism about the operations at PCMR directed at the resort and its owner, Colorado-based Vail Resorts.

A comment to Park City leaders about a hot dog purchased at Park City Mountain Resort has suddenly become emblematic amid an intense wave of criticism about the operations at PCMR directed at the resort and its owner, Colorado-based Vail Resorts.

Breckenridge Ski Resort is getting up in age. The resort is celebrating its 60th anniversary Thursday, Dec. 16. Skiers and snowboarders know Breckenridge as an iconic Colorado ski resort that attracts thousands of people daily...

ICON Clinical Research Faces Common ERISA Claims One feature the new complaint has in common with suits filed previously by Capozzi Adler is its reliance on comparing the plan’s expenses for investments and administration services with a group of alleged peers. A new Employee Retirement Income Security Act (ERISA) lawsuit filed in the U.S. District Court for the Eastern District of Pennsylvania levels various fiduciary breach claims against ICON Clinical Research, a provider of outsourced dev...

Defending Against Excessive Fee Cases: It’s All About Procedure It’s crucial for plan sponsors to have and follow a good investment policy statement and to carefully document the reasons for all their decisions. Reported by There has been a surge of excessive fee lawsuits filed against plan sponsors in recent years. But there are strategies retirement plan sponsors and their attorneys can take to defend themselves, Carol Buckmann, ERISA [Employee Retirement Income Security Act] attorney and...

ADVERTISEMENT ADVERTISEMENT Auto Parts Co. Wants $1B ERISA Suit Axed After Colo. Ruling Law360 (January 21, 2021, 2:16 PM EST) -- A Michigan federal judge should follow a Colorado courts lead and toss a proposed 401(k) class action against Magna after the auto parts suppliers employees accused it of including too-expensive investment options into their $1 billion retirement plan, the company said. In a brief Wednesday supporting its August motion to dismiss, Magna International of America Inc...

Federal judge dismisses ERISA suit against Vail Corp. Getty Images/iStockphoto A U.S. District Court judge in Durango, Colo., dismissed a complaint against The Vail Corp. by a former participant in the companys 401(k) plan who alleged ERISA violations by failing to exercise a duty of loyalty to participants and a duty of prudence in managing the plan. "Plaintiff puts forth no facts suggesting that any of the defendants action were for the purpose of benefiting itself," wrote U.S. District Judg...