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Sweeping Fiduciary Breach Suit Targets Swiss Re, Empower
American Retirement Association [ARA]
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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