Thrivent Financial for Lutherans became the sixth plaintiff to sue the U.S. Labor Department over its fiduciary rule in a complaint that challenges the class action waiver requirement under the rule’s best interest contract exemption.

Thrivent’s case, filed in U.S. District Court for the District of Minnesota, takes issue with the Labor Department’s adoption of the best-interest contract exemption to the extent it requires Thrivent to abandon its commitment to alternative dispute resolution. The insurer also contends DOL’s rule would require its sales reps to become fiduciaries.

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