Laidig v. GreatBanc Trust Co., No. 22-cv-1296, 2023 WL 1319624 (N.D. Ill. Jan. 31, 2023) (Judge Mary M. Rowland)
At first blush, employee stock ownership plans (“ESOPs”) sound like a great deal for employees. ESOPs can make companies more democratic, by giving employees equity, and they often have financial advantages, such as deferred compensation
Vellali v. Yale Univ., No. 3:16-cv-1345 (AWT), 2022 WL 13684612 (D. Conn. Oct. 21, 2022) (Judge Alvin W. Thompson)
A district court in Hartford, Connecticut has held that a longstanding suit by participants in the Yale University 403(b) Retirement Account Plan can proceed to trial on their imprudence claims against Yale and related plan
Matousek v. MidAmerican Energy Co., No. 21-2749, __ F. 4th __, 2022 WL 6880771 (8th Cir. Oct. 12, 2022) (Before Circuit Judges Shepherd, Erickson, and Stras)
Participants in a 401(k) plan offered by their employer, MidAmerican Energy Co., brought a class action lawsuit against the company and other plan fiduciaries, alleging fiduciary breaches