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Update on Lawsuits Challenging the DOL's Fiduciary Rule
Proskauer's ERISA Practice Center Link to more items from this source
Aug. 18, 2016

"[T]here are five pending lawsuits challenging the [DOL's] new fiduciary rule.... [In the first case,] briefing is now complete on the [motion by the National Association for Fixed Annuities] for a preliminary injunction and for summary judgment, as well as the DOL's cross-motion for summary judgment.... [T]he three lawsuits filed in the U.S. District Court for the Northern District of Texas were consolidated ... A hearing on the motion for preliminary injunction [by Market Synergy] is scheduled for September 21, 2016."

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