by Philip S. Chao | Oct 20, 2024 | Individuals, Institutions, Opinions, Publicly Speaking
I have been in many conversations and listened to numerous market observers, economists, and strategists over the past 18-months regarding the U.S. economy. Since the end of the Pandemic and the start of the Fed’s hiking cycle, there has been much speculation about No...
by Philip S. Chao | Aug 4, 2024 | Everything Else, Regulations
SUMMARY This document is solely based on the information from the Complaint and no efforts have been made to verify or confirm the completeness or truthfulness of any facts and circumstances. According to the Complaint, TIAA and Morningstar acting as fiduciaries to...
by Philip S. Chao | Jun 23, 2024 | Everything Else, Regulations
The Julie A. Su vs. Axim Solutions Group et al case demonstrates the importance of an employer’s fiduciary duty of developing and maintaining a prudent process in selecting service providers in delivering health and welfare and retirement benefit plans to covered...
by Philip S. Chao | Jun 7, 2024 | Everything Else, Regulations
On May 24, 2024, a class action complaint was filed in the Eastern District Court of Virginia by Debra Hanigan, et al (“Plaintiff”) against Bechtel Global Corporation and the Bechtel Trust & Thrift Plan Committee (“Defendants”) for a breach of fiduciary duty of...
by Philip S. Chao | Jun 2, 2024 | Everything Else, Regulations
This case was first filed in 2022 which was dismissed by the Court and provided Plaintiffs with leave to file an amended complaint. Plaintiffs have done so in November 2023, and now before the Court is Defendants’ motion to dismiss Plaintiffs’ Second Amended...
