Forusall, Inc. v. United States Department of Labor

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA FORUSALL, INC., Plaintiff, v. Case No. 22-cv-1551 (CRC) UNITED STATES DEPARTMENT OF LABOR, et al., Defendants. MEMORANDUM OPINION Last year, the Department of Labor (“Department”) issued a Compliance Assistance Release that questioned the prudence of exposing 401(k) plan participants to investments in crytpocurrencies and reminded retirement plan sponsors of their fiduciary duties under the Employee Retirement Income Security Act of 1974 (“ERISA”), 88 Stat. 829, as amended,

29 U.S.C. § 1001

et seq. Plaintiff ForUsAll, Inc., which…