Adviser Off the Hook in NYU 403(b) Plans Case
While dismissing a new complaint in the litigation about excessive fees in NYU's 403(b) plans, a federal judge also denied summary judgment in the original complaint, moving the...
Tag: retirement plan litigation
Court Finds Sponsor Cannot Fully Delegate ERISA Fiduciary Responsibilities
A federal district court denied a DB plan sponsor's attempt to pass liability for improper plan termination to its plan provider.