{"id":29491,"date":"2024-04-10T12:15:44","date_gmt":"2024-04-10T17:15:44","guid":{"rendered":"https:\/\/plusweb.org\/?p=29491"},"modified":"2024-07-02T17:33:14","modified_gmt":"2024-07-02T22:33:14","slug":"erisa-fiduciary-law-series-part-1","status":"publish","type":"post","link":"https:\/\/plusweb.org\/news\/erisa-fiduciary-law-series-part-1\/","title":{"rendered":"ERISA Fiduciary Law Series: Part 1"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\"><strong>ERISA 101: The Basics<\/strong><\/p>\n<p data-pm-slice=\"1 1 []\">This video series on ERISA Fiduciary Law highlights current ERISA issues in the Courts, Congress, or at the DOL. The Courts have been flooded with complex ERISA cases and resolutions to some involved large settlements.\u00a0 Congress continues to pass legislation affecting employee benefit plans requiring plan sponsors to act.\u00a0 And the DOL has certain enforcement and regulatory initiatives in the pipeline.\u00a0 Jose M. Jara, counsel at Fox Rothschild, LLP, will guide you on ERISA topics by discussing in depth with special guests from the insurance industry to provide their insights for mitigating risks.<\/p>\n<p data-pm-slice=\"1 1 []\">In the first video, Jose will lay out ERISA principles which will serve as the foundation to the remainder of the video series.\u00a0 The discussion will include:<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 What type of plans and parties are involved?<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Who is a fiduciary?<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 What are your fiduciary duties?<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 What are the prohibited transactions?<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Which governmental agencies enforce ERISA?<\/p>\n<p>You can watch the video below, and keep an eye out in the coming weeks for more installments of this series.<\/p>\n<p><iframe loading=\"lazy\" title=\"ERISA Fiduciary Law Series Part 1\" src=\"https:\/\/player.vimeo.com\/video\/915721957?h=8024fbdb09&amp;dnt=1&amp;app_id=122963\" width=\"500\" height=\"313\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write\"><\/iframe><\/p>\n<p>Footnote:<\/p>\n<p>Fiduciaries must act \u201cwith an <em>eye single<\/em> to the interests of the participants and beneficiaries.\u201d <em>Donovan v. Cunningham<\/em>, 716 F.2d 1455, 1473 (5th Cir. 1983)(citing to <em>Donovan v. Bierwirth<\/em> 680 F.d 263, 271 (2d Cir. 1982)).<\/p>\n<p><strong>Meet the Speaker<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-22090 alignleft\" src=\"https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-600x400.jpg\" alt=\"\" width=\"251\" height=\"167\" srcset=\"https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-600x400.jpg 600w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-1200x800.jpg 1200w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-768x512.jpg 768w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-1536x1024.jpg 1536w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 251px) 100vw, 251px\" \/><\/p>\n<p><strong>Jose Jara<\/strong>, Esq., Fox Rothschild<\/p>\n<p>Jos\u00e9 M. Jara is Counsel in the Employee Benefits Department of Fox Rothschild, LLP, and focuses his practice on ERISA litigation and counseling.\u00a0 He has defended fiduciaries and boards of directors against ERISA class action litigation alleging breach of fiduciary duty, including imprudent investments, excessive fees, and valuation issues in Employee Stock Ownership Plans. Mr. Jara\u2019s practice also includes representing clients under investigation by the U.S. Department of Labor (\u201cDOL\u201d) regarding civil and\/or criminal violations of ERISA.\u00a0He was formerly a complex claims director for a major international insurance company and a senior pension law specialist with the DOL\u2019s Employee Benefits Security Administration. He is currently the Group Chair of the Employee Plans and Executive Compensation Group of the American Bar Association and a graduate of the Georgetown University Law Center.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ERISA 101: The Basics This video series on ERISA Fiduciary Law highlights&hellip;<\/p>\n","protected":false},"author":14,"featured_media":51538,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[97,1388,1402,1374],"tags":[1375],"business-line":[47],"post-type":[49],"topic":[29],"class_list":{"0":"post-29491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-plus","8":"category-fiduciary-liability","9":"category-plus-video","10":"category-professional-liability-insurance","11":"tag-professional-liability-insurance","12":"business-line-other-business-lines","13":"post-type-plus-blog","14":"topic-professional-liability-pl-insurance","19":"post_tag-professional-liability-insurance"},"acf":[],"_links":{"self":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts\/29491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/comments?post=29491"}],"version-history":[{"count":3,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts\/29491\/revisions"}],"predecessor-version":[{"id":29660,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts\/29491\/revisions\/29660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/media\/51538"}],"wp:attachment":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/media?parent=29491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/categories?post=29491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/tags?post=29491"},{"taxonomy":"business-line","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/business-line?post=29491"},{"taxonomy":"post-type","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/post-type?post=29491"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/topic?post=29491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}