FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
April 30, 2026 by Staff Reports
The Federation of Americans for Consumer Choice has dropped its lawsuit against the Department of Labor after the agency withdrew guidance at the center of the dispute, ending a four-year legal challenge over fiduciary standards.
The group, known as FACC, and the Labor Department filed a stipulation late last week to dismiss the case without prejudice in federal court in Texas. The move closes the case while preserving FACC’s ability to bring similar claims in the future.
Originally Posted at InsuranceNewsNet on Apr 27, 2026 by Staff Reports.
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