Federal overtime pay rules exist to protect employees from exploitation by their employers. Companies cannot force workers to work every single day or to stay for extremely long shifts without paying them extra for that additional work. Hourly workers have the right...
Overall this case has been a model of efficient federal litigation.
Hon. Stephen J. Murphy, III commenting on Class Counsel in Slavens v. Meritor Inc.
Over $1 Billion Recovered
ericlechtzin
Should you be paid for travel time?
You’re a hard worker who always shows up on time. You live around one hour away from the worksite, so a significant part of your mornings and evenings are spent commuting. Recently, however, your boss has been asking you to make stops on the way to work. You’ve also...
How would SECURE 2.0 increase retirement savings?
Congress is currently considering a new version of the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The new version, the Securing a Strong Retirement Act of 2022 (known as SECURE 2.0), is intended to help more Americans take advantage of...
Washington University in St. Louis Agrees to Settle ERISA Class Action for $7.5 Million
The insurance carrier for the Defendants will pay a total of $7,500,000 to settle claims that the Defendants violated their fiduciary duties under the Employee Retirement Income Security Act of 1974 (“ERISA”) in managing the Plan and ensuring its fees and expenses remain reasonable.
401(k) fiduciary duties and responsibilities under ERISA laws
Do you know what responsibilities and duties your 401(k) plan fiduciaries must meet when managing Employee Retirement Income Security Act (ERISA) covered benefit plans? If you do not, you may be at risk of plan mismanagement. Most employees trust that their company...
Can your employer write you up for discussing your wages?
It's well-known that pay inequality is pervasive in the workplace. But how do you know if you are receiving equal pay for doing the same job as your co-corkers? Can I ask my co-workers how much they make? Have you ever suspected that your employer isn't paying you as...
The minimum wage increase for federal employees affects 67,000
Last month, the U.S. Office of Personnel Management (OPM) announced that it is raising the minimum wage for civilian employees of the federal government to $15.00 an hour. The increase affects some 67,000 people who work in the U.S. across multiple agencies and...
What were the top 5 ERISA lawsuits of 2021?
Planning for retirement is something everyone should do to ensure peace of mind. Yet, sometimes those plans fail to work out for reasons beyond your control. If those in charge of your ERISA-protected retirement plan do not do the job they are paid for, you may suffer...
Supreme Court Hands ERISA Plaintiffs Victory In Hughes vs. Northwestern University
An ERISA fiduciary’s duty does not end when the fiduciary selects plan investments at the outset. Rather, “‘a fiduciary normally has a continuing duty of some kind to monitor investments and remove imprudent ones.’”
Edelson Lechtzin LLP files an ERISA excessive fee class action against Marathon Petroleum Company
As of year-end 2020, the Plan had net assets of more than $6 billion. This gave the Plan had substantial bargaining power regarding the fees and expenses that were charged against participants’ investments. The Plan’s fiduciaries failed to use this bargaining power to the Plan’s advantage. Instead, Plan participants were saddled with above-market recordkeeping and administrative fees.