By Theodore P. Stein, Offit Kurman
On February 14, 2017, David G. Feinberg, a participant in T. Rowe Price’s 401(k) plan, filed a lawsuit in U.S. District Court in Baltimore against T. Rowe Price (“TRP”), certain TRP affiliates and Plan Trustees. The charge: The Plan and its Trustees engaged in self-dealing and reaped windfall profits in violation of their fiduciary duties under ERISA, the federal statute that regulates employer-sponsored pension plans.
By Miguel Mantelli, GGI
During 12 years of President Cristina Fernández de Kirchner's government and her late husband, President Néstor Kirchner, Argentina isolated the world by nationalising foreign companies, curbing imports and cutting normal ties with the International Monetary Fund. The Kirchners once left behind Carly Fiorina, the then CEO of the American computer giant Hewlett-Packard, when she went to visit them at Government House.
By Prof Robert Anthony and Alexane Palide, Anthony & Cie
Emmanuel Macron’s rise to power on a reforming agenda carries big implications for tax reforms and for the financial sector across Europe. Prof Robert Anthony assesses the likely impact.