Benefits

Benefits Law360 provides breaking news and analysis on employee benefits and executive compensation law. Coverage includes benefits-related litigation — including Employee Retirement Income Security Act suits and tax and compliance issues over executive compensation — as well as legislative and regulatory activity.

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Latest News in Benefits

• May 18, 2018

  USC, Workers Battle At The 9th Circ.: A Cheat Sheet

  The University of Southern California and workers who brought a $150 million proposed class action claiming the school mismanaged their retirement savings recently squared off before the Ninth Circuit, crossing swords before a three-judge panel over whether the plan participants' claims should be kicked from federal court into arbitration. Here, Law360 breaks down the oral arguments from the closely watched case.

• May 18, 2018

  Del. Justices OK Toss Of $13M Viacom-Redstone Pay Suit

  The Delaware Supreme Court upheld the dismissal Friday of a shareholder derivative suit that accused the directors of Viacom Inc. of engaging in self-dealing by awarding unearned compensation to ailing board member Sumner Redstone despite his lack of involvement with the company.

• May 18, 2018

  Fla. Health Center Owners To Serve Time, Pay $4M For Fraud

  The former owners of a substance abuse treatment center in Florida were sentenced to prison and ordered to pay $4 million for a scheme that defrauded health care programs through false claims and kickbacks, the U.S. Department of Labor’s Employee Benefits Security Administration announced Thursday.

• May 18, 2018

  Lennar Wants $970M CalPERS Fraud Suit In Bankruptcy Court

  A suit alleging that Miami-based home builder Lennar created and bankrupted a development company in order to swindle $970 million from the California Public Employees' Retirement System belongs in a Delaware bankruptcy court, the builder said Thursday.  

• May 18, 2018

  Mass. Pension Plans Part Of $2.1B Tax Fraud, Denmark Says

  The agency tasked with collecting taxes in Denmark filed three suits in Massachusetts federal court on Friday claiming Bay State-based pension plans were part of a massive multinational fraud scheme to dupe the Danish government out of $2.1 billion in reimbursed taxes.

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