5th Circuit ERISA Case Over Surrender Fee Draws Amicus Briefs From DOL, Others

Mealey's (May 2, 2023, 3:12 PM EDT) -- NEW ORLEANS — Lining up against the U.S. Department of Labor (DOL) and the appellants in a dispute over a surrender fee, American Council of Life Insurers (ACLI) and the Chamber of Commerce of the United States of America filed amicus curiae briefs urging the Fifth Circuit U.S. Court of Appeals to uphold dismissal of a suit against a 401(k) plan’s service provider....