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$28 Trillion and Personal Liability: ERISA Roars Back
Crowell & Moring
Jan. 10, 2019 "[T]he 10 highest ERISA class action settlements in 2017 with respect to employer-sponsored retirement plans totaled nearly $1 billion.... In recent years, ERISA fiduciary litigation has increasingly focused on excessive plan fees and expenses... Looking ahead, fiduciaries' decisions about monitoring costs and who they appoint and hire to administer health plans will be important drivers of ERISA litigation -- and often, companies are not fully aware of this growing threat." MORE >> |
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