{"id":4530,"date":"2007-11-30T09:43:15","date_gmt":"2007-11-30T09:43:15","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/11\/supreme_court_to_rule_on_wheth"},"modified":"2022-03-25T15:41:48","modified_gmt":"2022-03-25T20:41:48","slug":"supreme-court-to-rule-on-wheth","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/supreme-court-to-rule-on-wheth\/","title":{"rendered":"Supreme Court to Rule on Whether Employee Can Sue for 401K Losses"},"content":{"rendered":"

\t\t\t\tThe US Supreme Court is considering a case that could allow employees to file lawsuits involving the mishandling of their retirement funds<\/a>. The issue involves the limits placed on lawsuits under the Employee Retirement Income Security Act (ERISA), which regulates private sector retirement plans and protects pension fund money from misappropriation.<\/p>\n

James LaRue, a former employee at DeWolff Boberb & Associates, a management consulting company in Dallas, Texas, says that he lost $150,000 because the company did not follow his instructions on how he wanted them to invest his retirement funds. <\/p>\n

LaRue claims that he asked DeWolff Boberb & Associates to change the way his money was allocated in mutual funds available through his 401 (k) plan. They did not make the changes he requested.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The US Supreme Court is considering a case that could allow employees to file lawsuits involving the mishandling of their retirement funds. The issue involves the limits placed on lawsuits under the Employee Retirement Income Security Act (ERISA), which regulates private sector retirement plans and protects pension fund money from misappropriation. James LaRue, a former […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3745],"tags":[],"class_list":["post-4530","post","type-post","status-publish","format-standard","hentry","category-retirement-funds"],"yoast_head":"\nSupreme Court to Rule on Whether Employee Can Sue for 401K Losses — Investor Lawyers Blog — November 30, 2007<\/title>\n<meta name=\"description\" content=\"The US Supreme Court is considering a case that could allow employees to file lawsuits involving the mishandling of their retirement funds. The issue — November 30, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/supreme-court-to-rule-on-wheth\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Supreme Court to Rule on Whether Employee Can Sue for 401K Losses — Investor Lawyers Blog — November 30, 2007\" \/>\n<meta name=\"twitter:description\" content=\"The US Supreme Court is considering a case that could allow employees to file lawsuits involving the mishandling of their retirement funds. The issue — November 30, 2007\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Supreme Court to Rule on Whether Employee Can Sue for 401K Losses — Investor Lawyers Blog — November 30, 2007","description":"The US Supreme Court is considering a case that could allow employees to file lawsuits involving the mishandling of their retirement funds. 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