August 17th, 2022 is National Nonprofit Day, a day to recognize the goals and positive impact that nonprofit organizations have all over the world. According to the National Center for Charitable Statistics, there are 1.5 million registered nonprofit organizations in the United States. Nonprofit organizations throughout the country work to promote awareness and offer assistance to individuals who otherwise […]
Category Archives: Legal Issues
Kantor & Kantor Asks to File a Class Action Against Primerica Life Insurance Company
Kantor & Kantor asks to file a class action against Primerica Life Insurance Company for its failure to provide insureds with the right to designate a third party to receive notice of lapse Are there ways to prevent a life insurance policy from lapsing? Sometimes the answer is yes. However, often it requires particular knowledge […]
The Supreme Court to Decide the Nature of Knowledge
The Supreme Court agreed Monday, June 10, 2019, to resolve a conflict between the Ninth Circuit and the Sixth Circuit on when ERISA’s three-year statute of limitations begins to run. The statute provides that a fiduciary breach claim may be brought within six years of a breach unless the plaintiff had “actual knowledge” of the […]
The Continued Litigation of ESOP Indemnification Agreements
In an intensely litigated ESOP (employee stock ownership plan) case involving 14 counts of ERISA violations, on April 22, 2019, Judge Staton, District Judge, Central District of California, certified a class of ESOP participants.The certification came after the court denied the Defendants’ motions to dismiss all 14 counts. The case, as a whole, has many […]