Federation of Americans for Consumer Choice, Inc. v. United States Department of Labor

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS TYLER DIVISION § FEDERATION OF AMERICANS FOR § CONSUMER CHOICE, INC., et al., § § Plaintiffs, § § v. § Case No. 6:24-cv-163-JDK § UNITED STATES DEPARTMENT OF § LABOR, et al., § § Defendants. § § MEMORANDUM OPINION AND ORDER This case challenges the Department of Labor’s new Rule broadly redefining the term “fiduciary” for purposes of Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”),

Pub. L. No. 93-406, 88

Stat. 829, codified as amended at

29 U.S.C. §§ 1001, et seq, and 26 U.S.C. § 4975. The Rule is not…