Judge Who Closed TIAA Portfolio Advisor Case Allows Nonfiduciary ERISA Claim

Mealey's (August 22, 2023, 3:44 PM EDT) -- NEW YORK — A New York federal judge who previously closed the Employee Retirement Income Security Act case over TIAA Portfolio Advisor accounts after finding failure to allege that the defendants were functional fiduciaries on Aug. 21 allowed plaintiffs to file an amended complaint asserting a single claim for nonfiduciary receipt of ill-gotten profits....