Edward A. Wodarczyk, Esq., email@example.com, (412) 594-3920
According to one report, more than 200 class action lawsuits have been filed against ERISA plan fiduciaries since 2015, with over 90 lawsuits filed last year alone. These recent lawsuits included lawsuits filed against smaller plans (e.g., plans with assets less than $100M). Although the allegations vary per lawsuit, following is a list of the claims commonly alleged:
Plan fiduciaries should confirm that they have properly addressed these concerns if they have not already done so. For more details about the litigation against ERISA fiduciaries, see report
For more information on how plan fiduciaries can avoid claims, Contact Ed Wodarczyk at firstname.lastname@example.org.
June 11, 2021
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