Featured Jobs
|
401(k) Retirement Plan Administrator
Heritage Pension Advisors, Inc.
|
|
401(k) Retirement Plan Administrator
BDS Consulting Group
|
|
Defined Benefit Plan Administrator
Pension Investors Corp of Orlando Inc
|
|
Pinnacle, An NPPG Company
|
|
My Benefits, LLC
|
|
Ubiquity Retirement + Savings
|
|
Principal Legal Content Specialist - Benefits
Bloomberg Industry Group
|
|
Pension Investors Corp
|
|
Littler Mendelson, P.C.
|
Free Daily News and Jobs
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
<< Previous news item | Next news item >>
|
When Representations Regarding the Financial Condition of the Plan Sponsor Become Actionable Under ERISA
Morgan Lewis 
[Guidance Overview] Feb. 5, 2010 Excerpt: The U.S. District Court for the Northern District of California ruled in December 2009 that statements made by an officer of Delta Star, Inc.... regarding the financial condition and anticipated performance of the Company, which was also the plan sponsor of the Delta Star, Inc. Employee Stock Ownership Plan (ESOP), were sufficiently connected to benefits payable under the ESOP so as to be actionable as a fiduciary breach under ERISA. |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above). |
| An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified). |
