Lying is inconsistent with the duty of loyalty owed by all fiduciaries. Gregg v. Transportation Workers of America International, 343 F.3d 833 (6th Cir. 2003). A fiduciary also may not materially mislead beneficiaries. Varity Corp. v. Howe, 516 U.S. 489, 505 (1996). A fiduciary must give complete and accurate information in response to participants’ questions. [...]

I have been saying this from Job 5 of Bear’s Prayers: 12 Jahuwah aborts the schemes of conniving crooks, so that none of their plots come to term. 13 He catches the know-it–alls in their conspiracies– all that intricate intrigue swept out with the trash! 14 Suddenly they’re disoriented, plunged into darkness; they can’t see [...]