Crisis Likely To Spark New Strategies In ERISA Actions

Law360, New York (October 16, 2008, 12:00 AM EDT) -- As the financial crisis has played havoc with millions of Americans' ERISA-governed retirement plans, those dramatic losses may well inspire plan participants, and their attorneys, to push the boundaries of typical Employee Retirement Income Security Act litigation strategies.

Courts may soon see a wider variety of claims filed in ERISA litigation, with plaintiffs breaking away from the more common lawsuit types, which may be far more challenging in the current economic climate, experts say.

"I would imagine that the typical ERISA litigation that arises when company...
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