My trial finally concluded late yesterday after two weeks, with the jury returning a verdict in favor of my client (pause here for self-congratulatory pat on the back). While I was able to get some posts up last week, during the first week of trial, events during trial this past week left me with no
401(k) Plans
Want to Learn More About the Post-LaRue World?
I am trying to kick the LaRue habit, but couldn’t resist going back to the well one more time (how’s that for mixing my metaphors?). I know from readers of this blog and from talking to other lawyers that people are very interested in LaRue and the Supreme Court’s current interest in ERISA cases –…
Passing Along an Interesting Blog: Number One
By Stephen Rosenberg on
Posted in 401(k) Plans, People are Talking . . .
One interesting thing about the LaRue case is the amount of blog commentary it inspired. For me personally, the best aspect of that wasn’t so much what other bloggers had to say about the subject, but more the fact that the discussions brought some blogs to my attention that I had not previously been aware…
More on LaRue: Lawyers USA Weighs In
By Stephen Rosenberg on
Posted in 401(k) Plans, Fiduciaries
Thought I would pass this along right now, while the article is still available to non-subscribers – I suspect if you read this post tomorrow, you will have to subscribe to get access to the article by then. Either way, here’s an interesting article available on Lawyers USA today on the LaRue decision, and on…
Choice Architecture, 401(k) Plans and the Argument for Restricting Choice
By Stephen Rosenberg on
Posted in 401(k) Plans
The topic of this article from yesterday’s Boston Globe, concerning behavioral economics and the idea that most people simply get it wrong when making investment choices with regard to retirement if they are left to their own devices, will be familiar to any long time reader of this blog, but it did catch my eye…
Will LaRue Actually Lead to An Increase in Litigation?
By Stephen Rosenberg on
Posted in 401(k) Plans
I thought I would pass along today this article from Business Insurance in which I am interviewed about LaRue, and its impact on plan sponsors. The point of the article is that the decision opens them up to more potential liability, and they need to be aware of that. I am actually a little…
Fiduciary Obligations – and Common Sense – Support Hiring Outside Expertise for 401(k) Plans
By Stephen Rosenberg on
Posted in 401(k) Plans, Fiduciaries
One of the common themes of many of my posts, as well as of many of the judicial opinions, concerning fiduciary obligations of companies sponsoring 401(k) plans is the need to bring in outside expertise to manage the plans, particularly for the purpose of insuring that investment selections are appropriate and priced right. As I…
A Couple of Other Perspectives on LaRue
By Stephen Rosenberg on
There’s a lot out there on the Supreme Court’s ruling in LaRue, and I thought I would pass along today a couple of articles and blog posts that approach the issues raised by the case from a slightly different perspective than simply the technical legal issues raised by the case. Employee benefits lawyer George…
Interpreting LaRue
By Stephen Rosenberg on
Some follow up thoughts on the Supreme Court’s opinion in LaRue, after having some time to digest it. First, the court’s three opinions make for an interesting assortment of analyses of the issue, but what is most important on the front lines, down at the trial level where these issues play out in court,…
The Supreme Court Decides LaRue, In Probably Predictable Fashion
By Stephen Rosenberg on
As a practicing litigator, I often can’t delve too deeply into a particular issue right when it arises, and instead have to return to it that night to analyze it for further discussion the next day. With a trial set to start in one of my cases and a court appearance this afternoon, this is…