Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Plan Compliance Analyst (Administrator)


RPA logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Quality Assurance Manager

Nova 401(k) Associates

Nova 401(k) Associates logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Federal District Court Tosses Fiduciary Breach Lawsuit Against Prudential
Pensions & InvestmentsLink to more items from this source
Sept. 30, 2021

"The lawsuit, originally filed in November 2019, alleged that Prudential breached its fiduciary duties under ERISA by overpopulating the plan with proprietary mutual funds, failing to monitor the performance of those funds, and neglecting to adequately disclose the amount of record-keeping fees received by Prudential ... The plaintiff also accused Prudential of engaging in prohibited transactions[.]" [Cho v. The Prudential Ins. Co. of America, No. 19-19886 (D.N.J. Sep. 27, 2021)]

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.