Those in Tennessee and across the country who invest in a 401(k), another kind of retirement fund or a mutual fund may take comfort in knowing those investments are protected by federal law. Anyone managing these funds is required by the Employee Retirement Income Security Act to act in the best interests of the investors. Additionally, ERISA requires fund managers to notify participants of any changes in fees or other matters that may affect the assets of the investor. Unfortunately, Fidelity Investments is facing a lawsuit alleging violations of those requirements.
Tennessee district attorneys move forward with opioid lawsuit
Like many states, Tennessee has experienced significant consequences from the ongoing opioid epidemic. Opioids are synthetic medications that help people manage chronic or severe pain. They are similar to opiate medications, however, opiate medications are typically the result of naturally occurring compounds within the opium poppy.
Class action lawsuit filed regarding lack of overtime pay
Many companies and employers require that workers carry out certain actions before fully getting their workdays underway. However, if employees are not compensated for mandatory tasks, they may miss out on pay to which they're entitled. In fact, some workers may be owed overtime pay if certain processes require them to be on the job over 40 hours a week.
