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DOL Backs Plaintiffs in Fiduciary Breach Appeal
American Retirement Association [ARA] Link to more items from this source
Feb. 17, 2023

"The [DOL] has weighed in on an excessive fee case on behalf of the participant-plaintiffs -- asserting that the district court made a bad call on the burden of proof. The case under appeal involves Home Depot, and ... allegations that the fiduciaries of the $9 billion plan had breached their fiduciary duties under ERISA[.]" [Pizarro v. Home Depot, Inc., No. 22-13643 (11th cir. amicus brief filed Feb. 10, 2023]]

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