Ex-PPG Workers Want Class Treatment In Life Insurance Suit

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Law360 (September 4, 2020, 4:40 PM EDT) — A group of former PPG employees have asked a West Virginia federal judge to let them move forward as a class in their ERISA suit claiming the paint manufacturer transferred the responsibility for their life insurance benefits to another company knowing the benefits would get cut.

In their motion Thursday, the workers told the court that the class and subclass they proposed in the Employee Retirement Income Security Act suit against PPG Industries Inc., its benefits plan and plan administrator were worthy of class certification.

The workers alleged in their suit that PPG led plan participants to believe that Axiall Corp….

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In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the

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Personal loan lender RateSetter becomes ‘Plenti’

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*The Comparison Rate combines the lender’s interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

**Representative example figures and monthly repayment figures are estimates only, based on the advertised rate, mandatory fees, loan amount

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Edinburg’s SPARC program ignites local economy, Census response rate

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EDINBURG — The city’s innovative business recovery program pumped $50,000 directly into local businesses on a daily basis for about two months and pushed the 2020 Census response rate to new heights, Edinburg City Manager Ron Garza said last week.

“We are right in the midst of one of the most innovative and one of the most productive business stimulus and economic recovery programs that I’ve ever seen a city do. And I’m not just saying that because I am part of the city, but it needs to be recognized as just completely successful,” Garza said about the city’s SPARC program.

Known by its acronym, the Stimulus Program Aimed at Recovery from COVID-19 was a two-tiered effort that involved businesses and residents alike.

“It’s an amazing, amazing program, and it really is transforming the

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Advisor Group And Royal Alliance Announce Recruitment Of Financial Foundation Services To Super-OSJ Affiliated Advisors

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Independent Wealth Management and Financial Planning Practice with $120 Million in Total Client Assets Joins Royal Alliance-Affiliated Super-OSJ Led by Rita Robbins

JERSEY CITY, N.J., Aug. 27, 2020 /PRNewswire/ –Advisor Group, the nation’s largest network of independent wealth management firms, and network member firm Royal Alliance Associates today announced that Financial Foundation Services, an East Brunswick, N.J.-based wealth management firm with approximately $120 million in total client assets, has joined Royal Alliance. Financial Foundation Services, founded by veteran financial professional Robert Rafano, has affiliated with Royal Alliance through one of its top independent producer groups, Affiliated Advisors, which is headed by Founder and President Rita Robbins, a pioneering leader in the Super-OSJ space and a well-known wealth management industry veteran.

In addition to Royal Alliance, Advisor Group also includes FSC Securities Corporation, KMS Financial Services, SagePoint Financial, Securities America, Securities Service Network, Triad Advisors and Woodbury

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Thousands of businesses got critical loans during pandemic | National News

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When a large swath of Connecticut was forced to shut down during the early days of the coronavirus pandemic, state officials quickly created an emergency loan program from scratch, hoping to help small businesses — from pizza shops to yoga studios — weather the economic crisis.

Months later, records obtained by The Associated Press through a Freedom of Information Act request show the fledgling Connecticut Recovery Bridge Loan Program ultimately funded 2,123 one-year, no-interest loans, averaging $19,705 a piece. Because of the massive flood of applications, officials decided to cap loan amounts at $37,500 — half of the $75,000 originally promised when the program was launched in March — to help twice the number of businesses.

The change was made after officials had to stop accepting applications the day after the program was announced and decided to double the $25 million investment to $50 million, underwritten by the state’s venture

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Read this before you apply for a personal loan

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A personal loan can help cover the gap during times of financial stress. (iStock)

Personal loans are often used to consolidate high-interest debt or finance large, one-time purchases. But they can also be handy for managing day-to-day expenses during an emergency when your income has dropped or you don’t have cash savings to rely on. But there are a few things to know before applying for a personal loan to make sure it’s the right move.

Is getting a personal loan during a financial crisis a good idea?

There are some pros and cons associated with getting a personal loan during a financial emergency.

On the pro side, it may be cheaper to get a personal loan than charging expenses to a credit card. If you can lock in a low, fixed-interest rate on a personal loan, that may be preferable to the higher variable interest rate that

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A mountain of experience behind new financial services firm

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It’s one thing to understand the designation of baby boomer, Generation X and Generation Y — it’s all a matter of when someone was born. Typically, baby boomers were born between 1946 and 1964; Gen X, between 1965 and 1980; and Gen Y Millennials, between 1980 and 1994.

But it’s an entirely different matter to understand what each of these individuals will need for their future retirement. After all, while some people are ready to retire, others are still in career mode, just starting families or taking care of their own aging parents. Still others are just trying to pay down huge student loans.

But when it comes to finances, Jamie Lima does understand — and is looking forward to offering assistance to members of each of the various generations from his new business in Ramona.

“With Woodson Wealth Management, I had an opportunity to do something a little different,”

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CRUZ: Time to get past throwing money at pandemic, economy | Coronavirus / COVID-19

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This summer, we face two simultaneous crises: a public health crisis caused by the coronavirus — a novel virus that has killed hundreds of thousands of people worldwide and more than 10,000 people in Texas — and an economic crisis that has resulted in millions of Americans losing their jobs.

That’s a lot to deal with. There’s not a person in this country who hasn’t been affected by what’s going on. While we’re slowly re-opening, which is good news, the reality is that we still have a long way to go in terms of recovery.

This is unprecedented in our lifetimes. You have to go back to the Great Depression to find a comparable economic catastrophe that has struck the American economy. We have millions of small businesses that have either gone out of business or are on the verge of bankruptcy. So the task going forward is enormous.

In

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8 questions to ask before taking out a personal loan

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Ask yourself these questions before applying for a personal loan. (iStock)

When finances are tight, it’s tempting to turn to a personal loan. Borrowers use personal loans for a variety of reasons, including debt consolidation, moving expenses, vacation, and to cover lost income. While personal loans offer flexibility and can provide much-needed relief when things get tight, it’s essential that you thoroughly research your options to avoid finding yourself in a loan with unreasonable terms.

Before you apply for a personal loan, here are a few commonly asked questions that could help you decide if it’s the right fit for your finances:

1. When is a personal loan a good idea?

A personal loan may be a good idea if you can afford to make monthly payments, and you qualify for a fair interest rate. Use online marketplace Credible’s free online tools to see what kind of loan

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Australia’s economy takes sharpest dive since the 1930s

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A shopping center is sparsely attended in Sydney, Wednesday, Sept. 2, 2020. Australia's economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)


© Provided by Associated Press
A shopping center is sparsely attended in Sydney, Wednesday, Sept. 2, 2020. Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)

CANBERRA, Australia (AP) — Australia’s economy suffered its sharpest economic contraction since the Great Depression due to the pandemic, with data released Wednesday confirming the country is in its first recession in 28 years.



Workers go about their duties at a construction site in Sydney, Wednesday, Sept. 2, 2020. Australia's economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)


© Provided by Associated Press
Workers go about their duties at a construction site in Sydney, Wednesday, Sept. 2, 2020. Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)

The economy shrank 7% in the June, the biggest

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