ERISA Defendant Prevails In Nebraska On Fiduciary, Loyalty Breach Claims

Mealey's (June 26, 2019, 1:30 PM EDT) -- OMAHA, Neb. — Allegations by a former employee of National Indemnity Co. that the insurer breached its fiduciary duties by continuing to offer an underperforming mutual fund in a defined contribution employee retirement plan were rejected June 18 by a federal judge in Nebraska (Marc J. Muri v. National Indemnity Company, No. 17-178, D. Neb., 2019 U.S. Dist. LEXIS 101540)....

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