Matthew T. Biggers

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Articles

Fifth Circuit Remands ESG Rule In First ERISA Test Case Post-Chevron

Aug 8, 2024 | mondaq.com | Matthew T. Biggers |Stacey Cerrone

In its recent decision in State of Utah v. Su, the Fifth Circuit remanded a challenge to the Department of Labor's (DOL) environmental, social, and governance (ESG) rule for investing in defined contribution retirement plans after the Supreme Court's recent decision in Loper Bright Enterprises v. Raimondo.
Fifth Circuit Remands ESG Rule in First ERISA Test Case Post-Chevron | JD Supra

Aug 7, 2024 | jdsupra.com | Matthew T. Biggers |Stacey Cerrone

In its recent decision in State of Utah v. Su, the Fifth Circuit remanded a challenge to the Department of Labor’s (DOL) environmental, social, and governance (ESG) rule for investing in defined contribution retirement plans after the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo.
Fifth Circuit Remands ESG Rule in First ERISA Test Case Post-Chevron

Aug 6, 2024 | natlawreview.com | Matthew T. Biggers

In its recent decision in State of Utah v. Su, the Fifth Circuit remanded a challenge to the Department of Labor’s (DOL) environmental, social, and governance (ESG) rule for investing in defined contribution retirement plans after the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo.
Evonik Corporation Beats 401(k) Plan Challenge with Evidence of Rigorous Fiduciary Process | JD Supra

Jul 18, 2024 | jdsupra.com | Matthew T. Biggers |Stacey Cerrone |Lindsey Chopin

A New Jersey federal district court recently granted summary judgment in defendants’ favor in an ERISA excessive fee case accusing Evonik’s 401(k) plan fiduciaries of keeping imprudent investments in the plan and of allowing participants to pay excessive recordkeeping fees. Harris, et al. v. Evonik Corp., et al., No. 20-02202, 2024 U.S. Dist. LEXIS _____ (D.N.J. Jun. 28, 2024).
Evonik Corporation Beats 401(k) Plan Challenge With Evidence Of Rigorous Fiduciary Process

Jul 18, 2024 | mondaq.com | Lindsey Chopin |Stacey Cerrone |Matthew T. Biggers

A New Jersey federal district court recently granted summary judgment in defendants' favor in an ERISA excessive fee case accusing Evonik's 401(k) plan fiduciaries of keeping imprudent investments in the plan and of allowing participants to pay excessive recordkeeping fees. Harris, et al. v. Evonik Corp., et al., No. 20-02202, 2024 U.S. Dist. LEXIS _____ (D.N.J. Jun. 28, 2024).