Plan Administrator Seeks Summary Judgment In ERISA Account-Stripping Row

(October 5, 2023, 12:32 PM EDT) -- NEW YORK — Moving in New York federal court for summary judgment in a case over whether it and a record-keeper should have acted differently to keep a fraudster from stripping the plaintiff’s account, a retirement plan administrator argues in part that the record “contains zero evidence that [it] did or failed to do anything that constituted a fiduciary breach or that caused Plaintiff’s loss.”...