Browsing Tag
ERISA
289 posts
ERISA (Employee Retirement Income Security Act) is a 1974 U.S. federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry. It aims to protect plan participants by requiring plans to provide information, establish fiduciary responsibilities, and give participants the right to sue for benefits and breaches of duty. ERISA also guarantees payment of certain benefits through the Pension Benefit Guaranty Corporation if a defined plan is terminated.
How Not to Get Sued 2026: Part 2
High-profile ERISA attorneys—including the ones doing most of the suing—sound off on why 401(k)s become targets and what can be done to lower a plan’s litigation exposure
How Not to Get Sued in 2026: Part 1
High-profile ERISA attorneys—including the ones doing most of the suing—sound off on why 401(k)s become targets and what can be done to lower a plan’s litigation exposure
How Not to Get Sued: A 401(k) Specialist Deep Dive
Excessive fee claims. Forfeiture lawsuits. Voluntary benefits scrutiny. ERISA litigation isn’t slowing down. In our first-ever quarterly Deep Dive series,…
155 ERISA Fiduciary Lawsuits Filed in 2025 as Litigation Broadens
Encore Fiduciary report shows ERISA class action filings approached a record high last year with 401(k) plans still the primary target; settlements continue to mount but participant recoveries remain modest compared with attorney payouts
DOL Files Fourth Amicus Brief Backing Plan Sponsors in Forfeiture Suits
Labor Department urges Third Circuit to uphold Barragan v. Honeywell dismissal, arguing ERISA does not require forfeited funds be used to pay plan expenses
$70 Million ERISA Lawsuit Filed Against Bloomberg 401(k) Alleging Plan Mismanagement
Sanford Heisler Sharp McKnight files complaint claiming two chronically underperforming funds were not removed from lineup of $5 billion plan
House Passes Rep. Allen’s Anti-ESG Retirement Investing Bill
The Protecting Prudent Investment of Retirement Savings Act would ensure retirement plan sponsors make investment decisions exclusively based on economic factors and financial returns
DOL Celebrates Withdrawal of Supreme Court Petition in Home Depot 401(k) Case
EBSA’s Daniel Aronowitz says result ending case dating back to 2018 “reflects a victory for common sense”
Fred Reish Joins Prime Capital Retirement
Highly respected ERISA authority leaving Faegre Drinker to lead Prime Capital Retirement’s fiduciary and ERISA practice
Lawmaker Introduces Bill Supporting Pleading Standards for ERISA Suits
The bill follows a wave of recent ERISA class action litigation