Victory for Plaintiffs: 7th Circuit Allows Class Certifications for Excessive Fee Cases

Back in May, we previously discussed the oral argument held in the 7th Circuit case Abbott v. Lockheed Martin Corporation. At issue was the district court’s denial of class certification in an excessive fee case. Today, August 7, the 7th Circuit issued a plan participant/plaintiff friendly opinion reversing the district court’s denial of class certification and providing … Continue reading Victory for Plaintiffs: 7th Circuit Allows Class Certifications for Excessive Fee Cases

Fidelity Files a Motion to Dismiss the Lawsuit Regarding Its Own In-House Plan

Today, June 3, 2013, Fidelity filed a motion to dismiss the complaint in Bilewicz v. FMR, LLC. As previous readers will know, a former participant in the Fidelity in-house 401(k) profit sharing plan filed a lawsuit on March 19, 2013 alleging various violations of ERISA because Fidelity only uses its own proprietary products in the … Continue reading Fidelity Files a Motion to Dismiss the Lawsuit Regarding Its Own In-House Plan

The ERISA Litigation Index

For the ERISA fiduciary, there are three primary sources that inform the duties that must be followed: (1) the ERISA statute as passed and amended by Congress and the President (2) regulations and other guidance as written by the Department of Labor, and (3) the written decisions of federal judges. FRA/PlanTools is proud to announce the … Continue reading The ERISA Litigation Index