Matthew Clyde

Matthew Clyde

Buchanan Ingersoll & Rooney PC

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Supreme Court Expands the Potential for Challenges of ERISA Fiduciaries and Their Ongoing Duty to Monitor Investment Options

The Supreme Court recently affirmed that retirement plan fiduciaries have an ongoing duty under ERISA to monitor investment options and the fees charged by them. This means that ERISA plan fiduciaries can be held liable if...more

6/11/2015 - 401k Benefit Plan Sponsors Breach of Duty ERISA Fiduciary Duty SCOTUS Southern California Edison Statute of Limitations Tibble v Edison Int

What Does the Supreme Court’s Ruling in Fifth Third Bancorp v. Dudenhoeffer Mean for ESOPs and Other Retirement Plan Fiduciaries?

Fiduciaries of qualified retirement plans, including Employee Stock Ownership Plans (ESOPs), have generally been entitled to a presumption that they have acted prudently in offering employer stock as an investment alternative...more

7/25/2014 - ESOP FIfth Third Bancorp v Dudenhoeffer Qualified Retirement Plans Retirement Retirement Plan SCOTUS Stocks US Bancorp

The Federal Court for the Southern District of New York Rules that Employers with Self-Insured Health Plans Need Not Offer Medical...

The issue of same-sex spousal rights is now largely resolved for qualified retirement plans. However, substantial questions about same-sex spouse health benefits remain unanswered. In Roe v. Empire Blue Cross Blue Shield,...more

6/17/2014 - DOL DOMA Employee Benefits Employer Group Health Plans Employer Liability Issues ERISA Healthcare Qualified Retirement Plans Self-Insured Health Plans US v Windsor

New York City Employers Must Provide Employees with Earned Sick Leave Act Notices by May 1, 2014

Employers with employees working in New York City only have a few days left to provide mandatory notices to employees informing them of their rights under the Earned Sick Leave Act (“Act”). Written notice must be provided to...more

4/24/2014 - Earned Sick Time Employee Benefits Employer Mandates Notice Requirements

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