$28.5 Million Class Settlement in ERISA Case
The lawsuit, won on behalf of employees of Fidelity Investments is an important reminder to sponsors of retirement plans of all sizes: carefully monitor your chosen service providers. Beware: Breach of Duties As Bloomberg…
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Bound for Growth: Alcohol Retail Sales
If you have pictured running the fun and funky—or upscale—neighborhood spirits shop, ’tis the season to get licensed, bonded and underway. Up, Up and Away: That’s the Trend in Alcohol Sales Dinner and a movie,…
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Innovation Grows: Carbon-Neutral Industrial Park in Reno
Construction begins in early 2021 on a zero-carbon footprint data center in Northern Nevada, with phase one scheduled for completion in early 2022. Exciting Possibilities: Green Technology Innovation and big thinking are behind many projects…
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Prudence and Loyalty: New Regulations for Plan Fiduciaries
As anticipated, the U.S. Department of Labor (DOL) has released a final rule updating and detailing the fiduciary duties of prudence and loyalty under ERISA. Plan Sponsors: Pay Attention—Even When Voting By Proxy! The new…
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Cyber Threats: Identify Your Incident Response Team
Retirement plans contain sensitive—and valuable information. In addition to securing it, you must be ready to respond to breaches. Who are the experts on your team? What’s On Your Company’s Inventory of Sensitive Data? When…
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Secure Everything: The Need for Cyber Vigilance Is Here To Stay
Cyber attacks are increasing. Experts recommend preparing for this new normal in planning for 2021 and beyond. Don’t forget your retirement plan! The New Normal: Increased Cyber Security Check Point recently surveyed over 600 information…
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Court Appointed Executors: Bound To Report
When a probate court appoints an executor to administer the estate of someone who has died, diligent reporting is required. Public Record Core to the probate process is accounting for a deceased person’s assets and…
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Receiverships and Receiver Bonds: What You Need to Know
Receiverships, backed by receiver bonds, can be important for recovering funds in real estate foreclosures and other business disputes. The Role of Receivers A receiver can be appointed to take custody of the assets, property,…
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New Beginnings: Renovating and Building Too
Across the country, states continue committing funds to begin long awaited projects. In New Jersey, a $190 million renovation effort to Newark Penn Station begins soon. Starting Immediately New Jersey has committed to a five-year,…
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