Bed Bath & Beyond’s 401(k) committee has obtained preliminary court approval of its $1.95 million settlement of a class action lawsuit under the Employee Retirement Income Security Act (ERISA). The plan participants had accused the company of mismanaging its retirement plan, in which 2,100 employees had invested before it terminated the plan and declared bankruptcy. The parties reached a proposed
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Federal Court Denies Monster Beverage’s Motion to Dismiss 401(k) Fee Suit
A California federal district court judge has denied Monster Beverage Corp.’s motion to dismiss a proposed class action in which Monster employees claim that their employer violated its fiduciary duties in failing to properly monitor Transamerica Retirement Solutions, the third-party administrator of its employee 401(k) plan. Transamerica reportedly charged unreasonable recordkeeping fees, which are based on a fixed share of…
Episode 6: Legal & HR in Sync: Strengthening Fiduciary Oversight Through Strategic Collaboration
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Episode Summary:
In this episode of In-House Counsel and HR Perspectives, host David Hall sits down with Jeremy Kilburn and Sara Towne to explore how legal and HR collaboration plays a critical role in strengthening fiduciary oversight and managing benefit plan compliance. They share their unique career paths, the impact of a…
Workers File Excessive Fee ERISA Class Action Suit Against TIAA
Former employee Brian Byrne has filed a class action lawsuit against retirement services provider Teachers Insurance and Annuity Association (TIAA) and its fiduciaries. The suit alleges that TIAA breached its fiduciary duties and engaged in prohibited transactions under the Employee Retirement Income Security Act (ERISA) by charging higher fees to plan participants for the same investments than to other investors.…
HHS Rescinds 2021 ACA Guidance
The U.S. Department of Health and Human Services (HHS) has rescinded the guidance issued in May 2021 concerning the interpretation and enforcement of Affordable Care Act (ACA) Section 1557. The recission is effective immediately to reduce regulatory burden.
In its 2021 Guidance, HHS announced that it would construe Section 1557’s prohibition on discrimination “on the basis of sex” to include…
Hall Benefits Law Welcomes Partner Jean Yu, Establishes Los Angeles Office
Strategic West Coast Expansion Strengthens HBL’s National Reach in Employee Benefits, ERISA, and Executive Compensation
Los Angeles, CA (June 18, 2025) Hall Benefits Law, a recognized leader in employee benefits and ERISA legal services, has opened a Los Angeles office, marking a significant milestone in the firm’s continued growth. Leading this expansion is Jean Yu, a seasoned attorney who brings…
Federal Agencies Issue Statement on Non-enforcement of 2024 Mental Health Parity Regulations
The U.S. Departments of Labor, Health and Human Services, and Treasury recently issued a statement on enforcement of the final rule concerning the requirements of the Mental Health Parity and Addiction Equity Act (MHPAEA). Due to litigation concerning the MHPAEA, the federal agencies have announced that they are reconsidering the regulations and may rescind or modify them through future rulemaking.…
Missouri Opposes Starbucks’ Motion to Dismiss DEI Bias Suit
The state of Missouri is opposing Starbucks’ motion to dismiss an anti-DEI discrimination lawsuit that it filed against the company. According to the state, it has alleged sufficient evidence of discrimination against its citizens to overcome dismissal. The case is State of Missouri v. Starbucks Corp., Case Number 4:25-cv-00165, U.S. District Court for the Eastern District of Missouri.
Missouri…
Sixth Circuit Reverses Dismissal of Michigan Company’s ERISA Excessive Healthcare Fee Case
The U.S. Court of Appeals for the Sixth Circuit has revived an Employee Retirement Income Security Act (ERISA) lawsuit filed by a yacht company against Blue Cross Blue Shield of Michigan (BCBSM) over excessive healthcare fees. The appellate court held that the lower federal district court erred in dismissing the suit, alleging that BCBSM had violated its fiduciary duties by…
Ninth Circuit Upholds Constitutionality of California’s Employee Classification Test
The U.S. Court of Appeals for the Ninth Circuit recently unanimously upheld a federal district court’s denial of a preliminary injunction in a suit challenging the constitutionality of California’s employee classification test. In its ruling, the appellate court rejected a trucking association’s challenges to the 2020 law under the dormant commerce and equal protection clauses of the U.S. Constitution. The…