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Muri v. National Indemnity Company
Case Number:
8:17-cv-00178
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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July 02, 2019
Berkshire Unit Worker Turns To 8th Circ. After ERISA Loss
A former National Indemnity Co. worker is looking to the Eighth Circuit after a trial court threw out his proposed class action claiming the Berkshire Hathaway subsidiary violated the Employee Retirement Income Security Act by allowing retirement plan participants to invest in an allegedly risky mutual fund.
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June 19, 2019
Berkshire Unit Beats ERISA Suit Over 'Extremely Risky' Fund
A Nebraska federal judge has tossed a proposed class action accusing a Berkshire Hathaway subsidiary of violating the Employee Retirement Income Security Act by keeping a risky mutual fund as a retirement plan investment option, concluding the company had adequately monitored the fund's performance.