Summary BUS FP3021 Assessment6.docx BUS-FP3021 LaRue v. DeWolff, Boberg and Associates, Inc Capella University The case of LaRue versus DeWolff, Boberg and Associates, Inc changed how organizations would view retirement plans in the future. The petitioner of

BUS FP3021 A BUS-FP3021 LaRue v. DeWolff, Boberg and Associates, Inc Capella University The case of LaRue versus DeWolff, Boberg and Associates, Inc changed how organizations would view retirement plans in the future. The petitioner of this case was represented by James LaRue. The respondent of this case was represented by DeWolff, Boberg and Associates, Inc. James LaRue was an employee for the consulting firm DeWolff, Boberg and Associates, Inc. While LaRue was working for DeWolff, he was participant in a retirement savings plan. This plan was administered by DeWolff (2007). Retirement plans are regulated by the Employee Retirement Income Security Act. LaRue had come to a decision to alter his retirement plan. When he requested to have his plan altered, DeWolff refused. When DeWolff neglected to alter LaRue s plan, LaRue decided to sue for breach of fiduciary duty. LaRue alleged the negligence