Retirement Plan Consultants
Hochheiser Deutsch & Co, Inc.
Loren D. Stark Company
Compass Retirement Consulting Group, Inc.
Trucker Huss, A Professional Corporation
Bates & Company
Carpenter Morse Group
ERISA Services, Inc.
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|Fiduciary Breach Claim Based on Oral Representation Can Proceed|
Proskauer's ERISA Practice Center
Mar. 20, 2015
"According to the district court, nothing in Third Circuit precedent precludes oral misrepresentations from supporting a breach of fiduciary duty claim under ERISA. The court added that even if the oral representations could not support Lees' breach of fiduciary duty claim under ERISA, Lees had alleged sufficient facts on which to base his claim and further discovery into his employee file could reveal written materials to support the claim." [Lees v. Munich Reinsurance Am., Inc., No. 14-2532 (D.N.J. Mar. 9, 2015)]
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