Feb 19, 2021
PA Supreme Court Rules Consumers Do Not Need to Prove Intent Under ‘Deceptive Acts’ Provision of the UTPCPL
In a recent decision in Gregg v. Ameriprise Financial, Inc., the Pennsylvania Supreme Court held that the unlawful decep
When employers freeze, cut, or eliminate traditional, more secure pension benefits, federal law states that they must appoint a fiduciary (or financial supervisor) to oversee all pension plans, including 401(k) plans and ESOPs.
The fiduciary must make sure that decisions are made for the benefit of plan participants (and not the employer) and must choose investments carefully. When a plan fiduciary does not do its duty properly, employees suffer dramatic losses to their retirement savings and pension plans. This often happens when the fiduciary makes investments in the employer’s stock.
If you are an attorney, consider partnering with FDPK. We represent referred matters as we do our own clients. We understand that referred clients have a history of a positive working relationship with their attorney. FDPK can take the lead or act simply as local counsel, according to your preference.
Years before the Enron and Worldcom scandals were exposed, FDPK Partner Joel Hurt and Of Counsel Ellen Doyle filed lawsuits to recover losses to participants in 401(k) plans and ESOPs due to unwise investments in employer stock. Contact us if you have questions regarding your pension, 401(k) or ESOP.
In a recent decision in Gregg v. Ameriprise Financial, Inc., the Pennsylvania Supreme Court held that the unlawful decep
Class Action Settlement – Rayanne Regmund, et al. v. Talisman Energy USA, Inc. United States District Court for