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Fifth Circuit Finds Broad Fiduciary Responsibility in the Handling of U.S. Plan Document Requests
Osler, Hoskin & Harcourt LLP
[Guidance Overview] Oct. 24, 2011
In Kujanek v. Houston Poly Bag Ltd, the Court of Appeals for the Fifth Circuit required a profit sharing administrator who had not responded to requests for documents and distribution/rollover forms to make up almost $184,000 in account losses incurred by the participant while his distribution was delayed.'
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