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Sweeping Fiduciary Breach Suit Targets Swiss Re, Empower
American Retirement Association [ARA] Link to more items from this source
Mar. 11, 2025

"The suit alleges that the Swiss Re Defendants 'failed to adhere to ERISA's basic principles, using flawed methodologies that led to a poor outcome; they chose expensive, underperforming investment options instead of lower-cost and better alternatives, and by charging the Plaintiffs grossly excessive recordkeeping fees.' " [Rudasill v. Swiss Re American Holding Corp., No. 25-1403 (S.D.N.Y. complaint filed Feb. 19, 2025)]  MORE >>

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