Employee Benefits Law Report

Tag Archives: sixth circuit

Allowing Employee Investment in an ESOP or 401(k) Employer Stock Fund Becomes a Bigger Gamble – Sixth Circuit Decision in Pfeil v. State Street Bank & Trust Co.

The Sixth Circuit has reversed the district court's dismissal of the GM ERISA stock-drop suit, Pfeil v. State Street Bank & Trust Co., and is allowing the case to proceed. You may recall that we cautioned fiduciaries of ESOPs and 401(k) plans allowing investment in employer stock to keep an eye on this case because it could be a game-changer. And now it is.… Continue Reading

Sixth Circuit Upholds Denial of ERISA-Based Income Protection Benefits; Plan Administrator Need Not Investigate Whether the Employer Violated FMLA

I wanted to direct our readers to a recent post from Brian Hall – Editor of our sister blog – Employer Law Report – regarding a recent Sixth Circuit decision in Farhner v. United Transportation Union Discipline Income Protection¬†Plan.¬† As Brian states: … a well-drafted ERISA income protection or severance pay plan should enable the … Continue Reading
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