Featured Jobs
|
July Business Services
|
|
The Pension Design Group
|
|
Compass
|
|
3(16) Plan Customer Liaison, Enrollments Compass
|
|
July Business Services
|
|
Participant Services Representative West Coast BPAS
|
|
Hilldrup.com
|
|
Senior 401k Plan Administrator FMI Retirement Services
|
|
401k Generation
|
|
LucidHealth
|
|
DWC (The 401k Experts)
|
|
Senior Retirement Plan Administrator Daybright Financial
|
|
PPS Pension Services
|
|
Health Benefits Actuarial Consultant BPAS
|
|
ERISA Services Inc.
|
Free Publications
|
|
Fourth Circuit Holds ERISA § 502(a)(2) Claims in Defined Contribution Plans Are Individualized and Cannot Be Certified as Mandatory Classes
Roberts Disability Law 
Mar. 11, 2026 "the Fourth Circuit reversed a district court's class certification order in an ERISA fiduciary-breach lawsuit involving a defined contribution retirement plan. The court held that claims brought under ERISA Section 502(a)(2) seeking recovery for investment losses in participants' individual accounts constitute individualized monetary claims and therefore cannot be certified as mandatory classes under Federal Rule of Civil Procedure 23(b)(1)." [Trauernicht v. Genworth Fin. Inc., No. 24-1880 (4th Cir. Mar. 10, 2026)] MORE >> |
| 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 linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |