Loan & Distribution Specialist AimPoint Pension
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Compass
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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COBRA Notice Class Actions Increasing
Morris, Manning & Martin, LLP June 30, 2020 "Over the past few months, there have been a slew of class action lawsuits filed against several large employers alleging technical violations of COBRA's election notice requirements and seeking penalties and damages -- even where the employer used the model COBRA election notice form provided by the [DOL].... The DOL's model COBRA election notice form requires some employer customization, and the lawsuits generally allege that employers have not been customizing the forms correctly.... The specific allegations are slightly different in each case, but all revolve around technical defects." |
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