Judge with a history of striking down federal rules will hear DOL lawsuit

May 30, 2024 by John Hilton

A lawsuit filed by nine industry trade associations against the latest Department of Labor fiduciary rule will be heard by a Texas judge with a reputation for vacating federal rules.

Several powerful trade groups – including the American Council of Life Insurers and the National Association of Insurance and Financial Advisors – filed the lawsuit Friday in the U.S. District Court for the Northern District of Texas, which is within the jurisdiction of the Fifth Circuit Court of Appeals.

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Originally Posted at InsuranceNewsNet on May 30, 2024 by John Hilton.