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We frequently see a partner's 'fiduciary duties' expressed as the union of the duty of loyalty and the duty of care. The duty of loyalty requires fiduciaries to avoid elevating [...]

The High Court has ordered Patrick Cox to pay five plaintiff firms [euro]11.3m in a dispute centred on concealment of a valuable development opportunity in Dublin (Opportunity). Mr Cox learned [...]

By Joseph A. Shifer1 An increasingly common feature of the chapter 11 landscape is the use of a post-bankruptcy trust to deliver value to creditors. Trusts offer an efficient vehicle [...]

Norrkoping: Norrkoping Municipality has issued the following news release: During the municipal council's meeting, Monday 25 November, a decision was made to postpone the matter of the supplementary budget and [...]

M2 PRESSWIRE-November 25, 2024-: How Equiom is Setting the Digital Pace in the Fiduciary Sector (C)1994-2024 M2 COMMUNICATIONS RDATE:25112024 Jersey, United Kingdom - As technology continues to reshape industries at [...]

Chicago: Seyfarth Shaw LLP has issued the following press release: On September 6, 2024, the U.S. Department of Labor (DOL) issued Compliance Assistance Release No. 2024-01, titled 'Cybersecurity Guidance Update.' [...]

The Investor Advisory Committee (IAC) of the U.S. Securities and Exchange Commission (SEC) recently held a public hearing featuring a panel discussion on investment advice. Established by the 2010 Dodd-Frank [...]

M2 PRESSWIRE-November 5, 2024-: Associated Bank Welcomes Rick Stachowiak, Director, Fiduciary Risk & Compliance with Associated Bank Private Wealth (C)1994-2024 M2 COMMUNICATIONS RDATE:04112024 MILWAUKEE - - Associated Banc-Corp (NYSE: ASB) [...]

England: Bryan Cave Leighton Paisner has issued the following press release: On October 21, 2024, the Division of Examinations (the 'Division') of the U.S. Securities and Exchange Commission (the 'SEC') [...]

LYNNWOOD, Wash. -- Comprehensive Wealth Management (CWM), a family-owned wealth management firm, today announced that its financial advisors will operate exclusively as Registered Investment Advisors (RIAs) moving forward. The strategic [...]

In July, two federal district courts in Texas stayed the effective date (slated for 23 September) of the Department of Labor's (DOL's) amended fiduciary rule that would define when a [...]

CENTENNIAL, Colo. -- The College for Financial Planning([R])--a Kaplan Company has launched an Accredited Investment Fiduciary([R]) (AIF([R])) Training for financial professionals pursuing the AIF([R]) designation. Fi360, a Broadridge Company, which [...]

A Texas federal judge has issued a nationwide preliminary injunction blocking the U.S. Department of Labor's (DOL) new fiduciary rule, which classifies more retirement advisors as fiduciaries under the Employee [...]

Following is the company information of FIDUCIARY CO-INVESTMENT PARTNERS LLP Company Name: FIDUCIARY CO-INVESTMENT PARTNERS LLP Registered address: Michelin House, 81 Fulham Road, London, England, SW3 6RD Telephone number: Email [...]

Of Counsel Michelle Capezza spoke with Fiduciary News about what 401k plan sponsors should do following two court rulings that halted the Department of Labor's attempted new fiduciary rule. Michelle [...]

Peapack-Gladstone Financial Corp. reported the elevation of MJ Sully, Esq. to Senior Managing Director, Chief Fiduciary Officer at Peapack Private, a division of Peapack-Gladstone Bank, and named her President of [...]

London: University of Bristol has issued contract notice/solicitation for 'Fiduciary Management Services for UoB Pension & Assurance Scheme' Reference no: tender_375606/1370793 Posted on: 29 July 2024 Notice Type: Service Deadline [...]

Ipswich: Birketts has issued the following press release: Birketts, a UK Top 50 law firm, has launched a dedicated Trusts & Fiduciary Team to deepen its advisory and management offering [...]

Key Highlights: * The stay provides consumers a reprieve from potential harm under the regulation. * ACLI represents 275 member companies with 93% of industry assets in the U.S. * [...]

M2 PRESSWIRE-July 17, 2024-: James Lukezic, Managing Director at Old Slip Capital Elucidates the Importance of Trusting ERISA Fiduciary Governance and Advisory (C)1994-2024 M2 COMMUNICATIONS RDATE:17072024 According to James Lukezic, [...]

Comprehensive retirement solution for advisory firms streamlines plan operations, enhances sponsor satisfaction, improves participant outcomes PITTSBURGH -- American Trust Retirement, an AmericanTCS business and a leading, full-service provider of retirement [...]

Scope: This Technical Cooperation (TC) aims to sustainably booster borrowing member countries in enhancing their public procurement and financial management systems. The overarching goal is to empower national institutions, augment [...]

Massachusetts: Ropes & Gray has issued the following press release: In a Law360 article, ERISA and benefits partners Joshua Lichtenstein and Sharon Remmer and ERISA and benefits associates Jonathan Reinstein [...]

M2 PRESSWIRE-June 24, 2024-: Atlanta Estate Planning Attorney Trace Brooks Unveils Insightful Article on Breach of Fiduciary Duty in Georgia (C)1994-2024 M2 COMMUNICATIONS RDATE:21062024 Atlanta estate planning attorney Trace Brooks [...]

Click here to download a PDF of this newsletter. In November 2022 the Department of Labor ('DOL') released a Final Rule permitting retirement plan fiduciaries to consider environmental, social, and [...]

The Spotlight had the pleasure of sitting down with Anne Paape, managing director and senior fiduciary counsel at Cresset and Cresset Trust Company, to talk about the historic transfer of [...]

Quest CE announced the release of 'Mastering Compliance with the DOL's Final Fiduciary Rule' course tailored for finance professionals. The course provides in-depth understanding, compliance strategies, and tools for ethical [...]

Groom's summary of the Department of Labor's ('DOL') final fiduciary rule was highlighted in the Insurance NewsNet article, 'Annuities Selling Strong, but For How Long?' Insurance NewsNet recapped the portion [...]

Overview In a post Client-Focused Reforms world, can a non-discretionary advisor owe a fiduciary duty to clients in a conflicts of interest scenario? The Ontario Court of Appeal says yes. [...]

Earlier this year, a Johnson & Johnson ('J&J') employee brought a class action complaint (the 'Complaint') against J&J alleging fiduciary breaches under ERISA related to the prescription drug coverage under [...]

A recent decision of the Ontario Court of Appeal has revived a class-action lawsuit, Boal v. International Capital Management Inc., regarding the fiduciary duties of investment advisors to their clients. [...]

CLEVELAND -- aequum LLC, serving over 425 self-insured health plans and their participants nationwide, announced today the critical need for plan sponsors to understand and comply with ERISA regulations in [...]

A group of thirteen trustees and state financial officers, including New York City Comptroller Brad Lander and California Treasurer Fiona Ma, filed an exempt solicitation urging major asset managers to [...]

(GlobeNewswire) - Andrews & Springer LLC,a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors [...]

In the realm of legal relationships, few concepts are as fundamental and significant as fiduciary duty. It's a cornerstone of trust and integrity, embodying the highest standard of care and [...]

Ventegra is the first healthcare company in the pharmacy benefits space to be awarded HPfid CAA certification - Validates Ventegra's level of compliance and due diligence to meet CAA 2021 [...]

(GlobeNewswire) - Andrews & Springer LLC,is investigating potential breach of fiduciary duty claims against the Board of Directors of Avangrid, Inc. (NYSE: AGR) (Avangrid or the Company) relating to the [...]

self A vision to nurture and scale a new category in the care delivery ecosystem and create a health information fiduciary is the innovative Moonshot of our most recent What's [...]

M2 PRESSWIRE-May 15, 2024-: SEC Charges Hudson Valley Wealth Management Advisory Firm and Founder for Failing to Disclose Conflicts of Interest (C)1994-2024 M2 COMMUNICATIONS RDATE:14052024 The Securities and Exchange Commission [...]

The Securities and Exchange Commission today announced settled charges against New York-based registered investment adviser Hudson Valley Wealth Management Inc. and its founder, Christopher Conover, for breaching their fiduciary duties [...]

WILMINGTON, Del. -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board [...]

Seyfarth Synopsis: On April 23, 2024, the Department of Labor released its latest attempt to amend its 1975 'fiduciary rule' and seven prohibited transaction class exemptions issued between 1975 and [...]

Of Counsel Michelle Capezza spoke with Forbes on the Department of Labor's new fiduciary rule and its potential impact on financial advisors and retirement investors. Michelle commented, 'Advisor fees for [...]

The Delaware Chancery Court rejected an attempt to hold directors of Meta liable for the implications their social media products have to the economy as a whole. The plaintiff argued [...]

Chicago: Seyfarth Shaw LLP has issued the following press release: On April 23, 2024, the Department of Labor released its latest attempt to amend its 1975 'fiduciary rule' and seven [...]

Of Counsel Michelle Capezza spoke to Fiduciary News examining the objectives and implications of the Department of Labor's new fiduciary rule. Michelle said, 'Plan sponsors should evaluate their plan investment [...]

On April 23, 2024, the Department of Labor ('DOL') released its new fiduciary investment advice definition in a package titled the 'Retirement Security Rule' (the '2024 Package'). The 2024 Package [...]

The recent decision of Delaware's Chancery court invalidating the grant of performance stock options to Elon Musk awarded by the board of directors of Tesla has reemphasized the nature of [...]

A federal district court in Massachusetts dismissed ERISA fiduciary breach and prohibited transaction claims against 401(k) plan fiduciaries, ruling that the prohibited transaction claims were time-barred and the fiduciary breach [...]

As mentioned in our recent blog post, the recently filed class action lawsuit against Johnson & Johnson (Lewandowski v. Johnson & Johnson et. al., D.N.J., No. 1:24-cv-00671 (Feb. 5, 2024)) [...]