Tag Archives: erisa

Judge denies motion to dismiss lawsuit by Chimes’ health plan administrator

The Chimes at Seton Business Park (File)

A federal judge Monday denied a motion to dismiss in a lawsuit against Chimes International Ltd. alleging the Baltimore-based nonprofit breached its fiduciary duty as overseer of its employee health plan. The amended complaint, filed in June by the U.S. Department of ...

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Feds sue Chimes for ERISA violations; nonprofit denies allegations

Lawyers for Chimes International Ltd. say in court filings that the federal government’s allegations that the nonprofit failed to monitor its employee health plan’s administration and expenses while paying millions of dollars in excessive expenses are ‘wholly lacking in specificity.’ (Courtesy of Chimes)

Chimes International Ltd., a Baltimore-based nonprofit that provides job training to the disabled, breached its fiduciary duty as overseer of its employee health plan, which was a cash cow for the plan’s administrators and an inappropriate source of donations to Chimes, the federal government alleges in a lawsuit.

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Supreme Court takes up fiduciary duty

Seeking to resolve a rather lopsided circuit split, the justices of the U.S. Supreme Court seem poised to support a requirement that employees alleging breach of fiduciary duty overcome a pleading-stage presumption that employee stock plan fiduciaries acted with prudence.

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Law digest: 4/4/11

MARYLAND COURT OF APPEALS Civil Procedure, Joinder: The trial court, in a prior wrongful death action brought by decedent’s widow and children from second marriage, could not approve a settlement without the inclusion of decedent’s children from first marriage as ...

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