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EBSA Chief Warns Against ERISA Litigation Abuse, Regulatory Overreach
American Retirement Association [ARA]
Apr. 16, 2026 "Aronowitz testified that fiduciaries are 'paralyzed with very rational fears' about litigation, and this 'stifles innovation in plan design' to the detriment of plan participants. Many of these lawsuits amount to 'unfair, hindsight second guessing,' he argued. He added that many fiduciary meetings focus on avoiding litigation rather than helping their participants." MORE >> |
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