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DOL Amicus Brief, in Support of Plaintiffs, Kanawi v. Bechtel Corporation
U.S. Department of Labor [DOL] 
Jan. 22, 2010
Excerpt: ARGUMENT: I. ERISA Section 404(c) Does Not Provide a Defense To The Defendants' Alleged Imprudence and Disloyalty in Offering The Fremont Mutual Funds II. The District Court Articulated and Applied The Wrong Legal Standards To Plaintiffs' Prudence and Loyalty Claims, and Erred in Granting Summary Judgment on Those Claims III. Each Payment Made To FIA For Plan Assets Invested With Fremont Mutual Funds Was A Potential Prohibited Transaction
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