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Plan sponsors and fiduciaries face an alarming number of stable value fund and other class action lawsuits and need to assess plans accordingly, say attorneys at McDermott, Will & Emery.
Organizations should consider updating their nondiscrimination policies to prohibit discrimination on the basis of sexual orientation and gender identity.
Although the Supreme Court could issue a broad ruling in Hollingsworth that would decide the constitutionality of all state laws banning recognition of same-sex marriage, a narrow ruling limited to Proposition 8 is expected.