Tiara Yachts, Inc. v. Blue Cross Blue Shield of Michigan

Docket No.
1:22-cv-00603
District Court
Michigan Western

Goal

  • Award damages
  • Award restitution
  • Declaration that defendant breached fiduciary duty

Issues

Case History

 

 

Why this Matters:

Plaintiff alleges that the defendant violated its fiduciary duty under the Employee Retirement Income Security Act by mishandling plaintiff’s assets under its self-funded health plan. The mismanagement of health plan assets can contribute to increased costs.

Potential Impact:

Ensuring that health plan administrators meet their fiduciary duties under the law helps ensure lower health care costs.

29 Major Filings

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Related Litigation

Current Status

Briefing is ongoing

Motion to Dismiss Denied

Legal Issues

ERISA – Breach of Fiduciary Duty, ERISA - Prohibited Transactions

Date Filed
July 1, 2022
Case Type
Civil
Court Type
District Court
Court
Michigan Western
Court Division
Southern
Judge
Jonker, Robert J. Appointed By: George W. Bush
Plaintiff(s)
Tiara Yachts, Inc.
Lead Counsel For Plaintiff(s)
Varnum LLP
Defendant(s)
Blue Cross Blue Shield of Michigan
Lead Counsel for Defendant(s)
Bodman PLC