Legal

The debate is raging from coast to coast, with recent hot spots, Rhode Island, Detroit and California, in the news.

Californias transit workers pensions would be left untouched under a plan submitted by Gov. Jerry Brown to temporarily exempt them from legislative reforms.

The complaint against the bank alleged Flagstar breached its fiduciary duty by allowing its 401(k) plan to invest in its own Flagstar common stock at a time when bank executives knew such an investment was imprudent.

Financial advisors who recognize the opportunity, and stand ready to meet it with advice and service, will be positioned to capture long-term growth.

The New Mexico Supreme Court will soon issue a decision about whether the state can cut cost-of-living increases for retired government workers to better manage its pension liabilities.

The U.S. Department of Labor filed a lawsuit against a San Francisco bank and its directors alleging their mismanagement of the banks Employee Stock Ownership Plan assets resulted in a $1.4 million loss.