On August 2, 2022, a class action suit was filed against the 401(k) Administrative Committee of the Microsoft Corporation Savings Plus Plan. The Plan assets were valued at $38.34 billion representing 135,252 participants with account balances. The Plan is a...
On August 11, 2022, a class action suit was filed against the Dover Corporation to include the Dover Company Benefits Committee for breaching their fiduciary duty of prudence owed to the Dover Corporation Retirement Savings Plan. This is an excess fee case to its...
The current inflationary environment (surging aggregate demand during a period of constrained aggregate supply) is more of a function of the super supportive fiscal policies during the height of Covid. Although the significant expansion of the Fed balance sheet and...
On March 11, 2020, the World Health Organization, officially declared a global pandemic. Two years hence, we are moving from a pandemic to an endemic. Endemic means that the infection has reached a steady state where it doesn’t cause large outbreaks but it still...
According to a recent University of Hong Kong Study1 , the new Omicron variant of Covid-19 infects around 70 times faster than Delta and the original Covid-19 virus. Due to its speed and the newness, it is still too early to conclude its morbidity and mortality toll...
The COVID-19 Delta variant has slowed the economic recovery, but we are glad to see the rates of infection, hospitalization and death have waned. Unless there is another wave or a new unknown strain coming, the U.S. economy is expected to get back on the recovery...
