What is a Retirement Plan Breach of Fiduciary Duty?
Typically, when you think of a breach of fiduciary duty involving a retirement plan, you think of a plan sponsor acting in their own self-interest. They use their position with the plan for their own…
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Data Breach Sends Equifax Executive to Jail
Former Equifax CIO Jun Ying has been sentenced to four months in prison for insider trading. Ying was found to have sold Equifax stock after the famed data breach was discovered but before the public was aware…
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Plan Fiduciary Breach Complaints Rise as Markets Fall
The biggest thing that plan fiduciaries can do to prevent claims of fiduciary breach is to implement and follow prudent fiduciary policies, procedures, and practices. This would theoretically cover issues involving costs, conflicts, and due…
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How to Become a Licensed California Electrical Contractor
To become a licensed electrician in California, you need to obtain a C-10 Electrical Contractor license. The license is required in order to bid on any projects worth $500 or more. The California Contracts State License…
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Recovering from a Data Breach Requires the Professionals
Managing and containing a data breach is not something a normal business person knows how to do. Cyber attackers are more sophisticated than ever and are going to stay a step ahead of a layman…
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New York’s Small Estate Probate Exception
In the State of New York, there are simplified probate procedures if the estate at issue is small enough. Probate property and assets sent through this process will be able to pass more easily and at greater…
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ERISA Ambiguities Lead to Confusion Over Fiduciary Duties
More and more cases related to ERISA duties are winding their way through the courts and could have a large impact on plan sponsors and how they will be able to manage their employee benefit…
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3D Digital Scans Will Help Rebuild Notre Dame
Notre Dame, the French cathedral dating back to the 12th century, had much of its wooden structure burn down recently. But with the aid of 3D digital laser scans of the building taken in 2015, the…
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Powers of California Trustees
In California, if you are named a trustee, you have the power to collect, hold, and retain trust property until the trust property should be disposed of according to the judgment of the trustee. Even…
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