Does a permanent injunction barring her from serving as a fiduciary or service provider to any employee benefit plan prevent her from doing so?

MultiRegion, United States of America

The following excerpt is from Chao v. Merino, 452 F.3d 174 (2nd Cir. 2006):

Briand contends that the district court abused its discretion in entering a permanent injunction barring her from ever again serving as a fiduciary or service provider to any employee benefit plan, arguing that she had acted in good faith in a manner she believed to be in the best interests of the Fund, and had, at worst, made the wrong decision in a difficult situation. She points out that the defendants in Beck v. Levering had personally profited from their fiduciary breach, whereas there was no such allegation against her here.

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