Legal

The recent dismissal of a lawsuit against fiduciaries of Chevron Corp.s 401(k) plan raises the question of whether the decision will be a forerunner for the barrage of similar litigation pending across the country.

The judge hearing the consolidated lawsuit against the DOL's fiduciary rule will consider two briefs supporting the rule -- from the Financial Planning Coalition and the American Association for Justice.

A case against the fiduciaries of Chevron's 401(k) plan was dismissed. Is this a harbinger of more 401(k) lawsuits?

The judge in the U.S. Department of Labor fiduciary rule case will likely deny NAFA's request for an injunction against the rule. But one annuities expert says it's not the end of the world.

Jerome Schlichter, founding partner at 21-attorney Schlichter Bogard & Denton filed the first 401(k) lawsuits in 2006, and said he knew from the start that these cases had the potential to put his firm out of business.

States can sponsor a workplace retirement savings plan that "doesnt run afoul with ERISA preemption," the U.S. Department of Labor announced today.