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Tech Benefits Welfare Plan Prohibited Transactions ERISA Complaint

January 11, 2021

The complaint for this class action brings suit against Sequoia Benefits and Insurance Services, LLC and Gregory S. Golub, for breach of fiduciary duty to the RingCentral, Inc. Welfare Benefits Plan and other similar plans. The complaint not makes not only the usual allegations of high costs, but alleges, “Defendants have collected more than $100 million from the Plans in transactions prohibited by” the Employee Retirement Income Security Act (ERISA).

Case Event File: Tech Benefits Welfare Plan Prohibited Transactions ERISA Complaint

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