401(k) Fridays Podcast

401(k) Litigation: What Employers Need to Know

Informações:

Synopsis

Episode Description You would have to have been living under a rock for the past few years if you are an employer who sponsors a retirement plan and you haven't notice the dramatic increase in the number and pace of 401(k) lawsuits.  There is even a 401(k) case that went to the Supreme Court!  To help employers understand what is driving 401(k) lawsuits, common themes in current litigation and ways employers can manage risk, I invited David Levine, Principal and ERISA Attorney at Groom Law to the podcast to offer some perspective.  David is an annual fixture on the lists of Super Lawyers, Best Lawyers, etc. and more importantly lives and breathes ERISA matters.  As you will hear, while employers continue to get better at executing their duties as fiduciaries, plaintiff's attorneys also are getting better at exploiting gaps and inconsistencies in fiduciary processes.  Also, we discuss what is really motivating plaintiff's attorneys, recent initiatives of the DOL and why he hopes more companies fight plaintiff'