Federal Judge Dismisses ERISA Suit Against 401(k) Plan’s Fiduciaries As Untimely

Mealey's (July 16, 2018, 8:33 AM EDT) -- COLUMBUS, Ohio — An Ohio federal judge on July 12 dismissed a breach of fiduciary lawsuit filed against the sponsor, administrator and fiduciaries of 401(k) retirement plan, finding that the claims are foreclosed by the Employee Retirement Income Security Act’s statute of limitations (Enrique Bernaola v. Checksmart Financial LLC, et al., No. 16-684, S.D. Ohio, 2018 U.S. Dist. LEXIS 115882)....