Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Peabody Energy Cleared in ERISA Challenge to Stock Losses
Bloomberg BNA Apr. 3, 2017
"The proposed class action argued that Peabody wrongfully kept company stock in its workers' retirement plans during a period in which the company was under investigation for allegedly making misstatements about the effects of climate change on its business prospects. A federal district court refused to hold Peabody liable for these actions under [ERISA], saying that the employees failed to overcome the strict pleading standards set by the U.S. Supreme Court in ERISA cases over employer stock." [Lynn v. Peabody Energy Corp., No. 15-916 (E.D. Mo. Mar. 30, 2017)]
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