Preliminary Injunction And Stay Granted In BIC Exemption Suit

(November 8, 2017, 1:19 PM EST) -- ST. PAUL, Minn. — A Minnesota federal judge on Nov. 3 granted a plaintiff’s motion for preliminary injunction and the U.S. Department of Labor’s (DOL) motion to stay in a lawsuit over the DOL’s new “best interest contract” prohibited exemption (BIC exemption) (Thrivent Financial for Lutherans v. R. Alexander Acosta, et al., No. 0:16-cv-03289, D. Minn., 2017 U.S. Dist. LEXIS 182657)....

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