TITLE

Legal briefing on LaRue

AUTHOR(S)
Whiddon, Robert L.
PUB. DATE
January 2008
SOURCE
Employee Benefit News;Jan2008, Vol. 22 Issue 1, p38
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the court case LaRue versus DeWolff wherein the U.S. Supreme Court's consideration last fall might have sent warning to retirement plan sponsors. The central issue in the case is whether an individual can sue to recover investment losses resulting from an administrative mistake and whether plans would have to pay real money to correct such mistakes. The implications of a decision in the case for employers are also discussed.
ACCESSION #
28629569

 

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