Last month, the U.S. Department of Labor announced its final fiduciary rule, sometimes referred to as the conflicts of interest rule. The rule mandates financial professionals who service individual retirement accounts, including IRAs and 401(k) plans, to serve the “best interest” of the savers and disclose conflicts of interest.
The rule, sometimes referred to as the conflicts of interest rule, mandates financial professionals who service individual retirement accounts, including IRAs and 401(k) plans, to serve the “best interest” of the savers and disclose conflicts of interest.
ST. LOUIS (Legal Newsline) – Although the Equal Employment Opportunity Commission (EEOC) has considered morbid obesity a protected disability under the American with Disabilities Act (ADA), a federal appeals court disagrees.
WASHINGTON (Legal Newsline) – Republican-backed legislation that would block the Obama administration's proposed Department of Labor overtime rules has little chance of success, but the option to mount a legal challenge remains, a North Carolina employment attorney says.
WASHINGTON (Legal Newsline) – Medical device companies confronted with False Claims Act lawsuits may want to give extra consideration to fighting rather than settling in light of an April 7 jury decision in favor of Abbott Laboratories, a former federal prosecutor says.
WASHINGTON (Legal Newsline) – The Federal Trade Commission (FTC) announced that it charged the operators of dozens of companies with allegations of deceiving consumers into purchasing inflated newspaper subscription prices.
CHARLES TOWN, W.Va. (Legal Newsline) – West Virginia Attorney General Patrick Morrisey recently took action against Frederick Tarmon Sr. and Frederick Tarmon Jr., doing business as both Tarmon and Sons and Complete Handyman Service, suing for allegations of violating the state’s Consumer Credit and Protection Act.
CHARLESTON, W.Va. (Legal Newsline) – Wells Fargo has agreed to an $8 million settlement over allegations that its predecessor, Acordia, violated the state’s Antitrust Act and its Consumer Credit and Protection Act.
MONTPELIER, Vt. (Legal Newsline) – Vermont Attorney General Bill Sorrell announced that Haskins Gas Service Inc. will pay $45,600 to 96 Vermont consumers and $15,000 in civil penalties to the state due to allegations it violated consumer protection laws.
WASHINGTON (Legal Newsline) – The Federal Trade Commission announced a proposed stipulated court order against Danelle Miller, Jason Miller and 42 corporations the couple controlled after allegations of violating the Restore Online Shoppers’ Confidence Act, the FTC Act, the Commission’s Telemarketing Sales Rule and the Electronic Fund Transfer Act.
The legislation would allow a person involved in a class action lawsuit to immediately appeal to the Appellate Division of the Superior Court as to the certification or decertification of the class. Sponsors of bill argue the measure will save class action litigants both time and money.