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New Defendants Added in Refiled ERISA Complaint
PLANSPONSOR; free registration may be required Jan. 7, 2022 "[T]he new complaint levels allegations against several financial services providers involved in the operation of the retirement plan in question ... It also includes new allegations against the plan sponsor for alleged failures in its process of monitoring the actions and performance of these providers.... [It alleges] that certain advisory professionals ... were not properly licensed or were not otherwise in good standing with regulators but were nonetheless still allowed by the plan sponsor defendants -- which include various individuals and plan committees -- to work with the plan and its participants." [Fleming v. Rollins, Inc., No. 21-5343 (N.D. Ga. complaint filed Dec. 30, 2021)] |
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