We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Analysis

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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.