Mercy Health 401(k) Plan Participants Sue for ERISA Violations
Former and current plan participants in 401(k) plans sponsored by Mercy Health Corporation are now suing the operators of hospitals/clinics and their fiduciaries for ERISA breaches under the Employee Retirement Income Security Act of 1974. The lawsuit…
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Fast Data Breach Response Time Can Salvage Your Company
It is commonly understood that data breaches are emerging at a more rapid pace due to the high volume of people working from home and shopping online. Therefore, your company’s response time towards a cyber-breach can be…
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Texas Governor Permits Notary Public Appearances via Video-Conferencing
Get your webcams ready, Texas notary publics! The state’s Governor, Greg Abbot, is shelving a statute on notary public appearances concerning real-estate instruments like mortgages, allowing notary publics to appear via videoconference when executing real-estate…
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Alcohol Regulators Relax Alcohol Rules in Texas
Great news for bustling bars and restaurants in the Lone Star State! A newfangled amendment was ratified this week by the Texas Alcoholic Beverage Commission, cementing a novel path for bars to disguise themselves as…
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What You Need to Know About New York Surrogate’s Court Bonds
Individuals chosen to be fiduciaries, administrators, and executors within the Empire State are typically required to post a surety bond. Surrogate’s courts require fiduciaries to obtain such a bond to safeguard the interests and affairs of the…
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What Counts as a Lost Instrument?
A lost instrument bond, also known as a lost deed or a lost note bond, is required for a misplaced or stolen financial instrument. Before financial institutions issue a replacement of the missing instrument, they may require…
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Should Cleaning Services Be Bonded?
Plenty of advertisements say a business is “licensed, bonded, and insured”—but what do these phrases actually mean? Being licensed, bonded, and insured means that a business has the appropriate license for its profession, the required…
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Marriot International Faces Class Action Lawsuit Over Data Breach
Millions of customers have just slammed the hotel giant Marriot International with a serious class-action lawsuit, demanding significant compensation after their sensitive information was stolen, in one of the world’s most significant data breaches ever….
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5 Cybersecurity Tactics for Plan Sponsors
Though cybersecurity strategies tend to evolve year to year, there are some basic tactics plan sponsors can utilize to safeguard their plan participant’s personal information. Research indicates that roughly 62% of small and midsize businesses…
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