Some Claims Survive Summary Judgment In ERISA Fees, Funds Row Involving TIAA

Mealey's (October 24, 2022, 1:09 PM EDT) -- NEW HAVEN, Conn. — A Connecticut federal judge on Oct. 21 granted summary judgment in favor of the defendants on prohibited transactions and failure-to-monitor claims but ruled that participants in a Yale a 403(b) retirement plan created genuine issues of material fact as to imprudence claims regarding record-keeping, investment monitoring, share classes and a bundled services arrangement with the Teachers Insurance and Annuity Association of American (TIAA)....

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