May 11, 2023
The Seventh Circuit refused to overturn the U.S. Department of Labor's win in its lawsuit accusing a pair of former retirement plan fiduciaries of misusing plan assets, saying the trial court didn't abuse its power in barring the duo from ever managing a retirement plan again.
April 19, 2023
The Seventh Circuit appeared skeptical Wednesday of two former retirement plan managers' bid to undo a win for the U.S. Department of Labor in a case where the trial court found they repeatedly misused plan assets.