July 02, 2019
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.
June 19, 2019
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.