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ERISA Stock-Drop Suits Take A Back Seat As Market Roars

Law360 (April 10, 2018, 6:45 PM EDT) -- Despite recent volatility triggered by President Donald Trump's economic policies and concern over rising inflation, stock markets remain in the midst of a nearly decadelong bull run, a factor legal experts say will likely reduce the number of ERISA stock-drop cases while making suits over allegedly excessive fees paid by retirement plans more attractive.

Classic stock-drop actions filed under the Employee Retirement Income Security Act, in which plan participants sue their employer for breach of fiduciary duty for negligently allowing the plan to lose value, flourished...
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