Judge grants injunction against DOL fiduciary rule in Thrivent lawsuit, halts case
November 7, 2017 by Mark Schoeff Jr.
A Minnesota federal judge has issued a preliminary injunction against the Labor Department’s fiduciary rule, but also has granted a stay in the case.
In a Nov. 3 decision, U.S. District Judge Susan Richard Nelson held that Thrivent Financial for Lutherans had demonstrated that it would suffer irreparable harm under the provision of the DOL fiduciary rule that allows class-action lawsuits by investors.
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Originally Posted at Inv on November 6, 2017 by Mark Schoeff Jr..
Categories: Industry Articles