Bates & Company, Inc.
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Several Cases on Supreme Court's ERISA Docket May Affect Plan Sponsors
October Three Consulting June 27, 2019
"At issue in Intel is ... for purposes of the three-year limit, what constitutes 'actual knowledge?'... A rule that ... a plaintiff can avoid application of ERISA's three-year statute of limitations by simply claiming that he never read or 'looked at' those disclosures would, to a great extent, nullify the effect of [that rule].... If the Supreme Court upholds the Second Circuit in Jander, then some sponsors will, in effect, be compelled to ... come to a judgment to disclose/not disclose inside information under an entirely separate statute/set of standards than those applicable under the securities laws, and may be judged to have violated ERISA's fiduciary rules if they get that judgment wrong."
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