Fee Cases

[EyeNoNuffin]

I am new to using this forum (and to the entire industry) so I apologize if this has been addressed one or one million times. Can anyone point me to a resource that provides an exhaustive (or close) list of all ERISA fee litigation cases in, say, the past 3 years? 

[Lois Baker]

Welcome!

This page might provide a starting point.

Some years ago, Groom Law Group maintained a list ... but I haven't seen an update in quite a while, probably due at least in part to the exponential growth in the number of cases.

@Peter Gulia might have some ideas.

 

[Peter Gulia]

After the first wave of Schlicter lawsuits in late 2006, the January 2007 paper I wrote for, and presented at, Pension & Investments February 11, 2007 Defined Contribution Conference reported on 12 cases.

In the first few years of the emerging trend, some law firms kept notes on these and similar ERISA fiduciary-breach cases. But as Lois Baker mentions, growing numbers of cases made publication impractical, even for Groom. Some law firms and insurance intermediaries estimate about 100 new cases each year in recent years and 2022.

The list you wish for might report on about 300 cases, and pulling it together would be expensive work.

To follow ERISA fiduciary-breach complaints, judges’ opinions, and settlements, a simple way is to scan BenefitsLink’s News page. Employee Benefits: News, Regs, Analysis, Laws, Surveys and Policy (benefitslink.com) It reliably gets you important developments.

[Lois Baker]

6 minutes ago, Peter Gulia said:

To follow ERISA fiduciary-breach complaints, judges’ opinions, and settlements, a simple way is to scan BenefitsLink’s News page. Employee Benefits: News, Regs, Analysis, Laws, Surveys and Policy (benefitslink.com) It reliably gets you important developments.

And you can also get those developments delivered to your inbox, every weekday.

[Dave Baker]

Here is another good link -- it's a list of our news items that have been tagged with "Retirement Plan Investment Costs" --

https://benefitslink.com/news/index.cgi?tag_id=73