Month: August 2016

College Retirement Plans under Fire for Excessive Investment Fees

The past ten to fifteen years has given rise to a set of lawsuits against 401k plan administrators over excessive plan fees and revenue sharing agreements between plan administrators and recordkeepers. We are probably approaching the end of this wave of excessive fee litigation against for-profit employers for 401k plans. A new wave of excessive retirement …

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Bedford Divorce Attorney explains: What is “full custody” in a Texas divorce?

“Full custody” gets thrown around in the midst of a divorce or other child custody proceeding between parents. Nobody knows what it actually means for the children or parents. TV and movies use the phrase constantly to describe divorced parents. We don’t really know what it means other than one parent gets a lot more custody than …

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EEOC hits Dunkin Donuts franchise for $330k in sexual harassment suit

Last week the EEOC settled  a Title VII sexual harassment and retaliation suit against multiple Dunkin Donuts franchises. The $330,000 settlement, which covers multiple employees, includes a multi-year training and oversight provision to avoid similar events in the future. The EEOC press release describes the events alleged in the lawsuit as follows: Hillcrest Marshall violated federal law by …

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Why retirement funds are important in a Tarrant County divorce

Our society undervalues the importance of retirement savings in favor of immediate gratification. It also as a whole lacks a meaningful understanding of the investments and plan rules surrounding retirement vehicles like 401k plans and defined benefit pensions. Undervaluing of retirement funds is also true in divorces where the spouses are often focused on the …

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