Date: September 29, 2022
Time: 10:00 AM to 11:30 AM (PDT) / 1:00 PM to 2:30 PM (EDT)
A live 90-minute premium CLE video webinar with interactive Q&A. Early Bird Discount Deadline, Friday, September 9, 2022
This CLE course will discuss the new wave of retirement plan litigation involving fiduciary conduct relating to 401(k) and 403(b) plans. The program will review the cases filed to date, legal theories raised, defenses, settlements, dismissals, and the current state of the litigation.
Plan fiduciaries of 401(k) and 403(b) plans are increasingly the subject of suits alleging breach of fiduciary duty due to excessive fees, imprudent selection and monitoring of investment options, and underperforming plan investment options.
Recent cases include claims that fiduciaries should have leveraged the plan's assets to qualify for lower-cost share classes of plan offerings and lower-cost administrative and investment management services, chosen less costly or better-performing investment options for the plan, and pursued reduced recordkeeping fees. Furthermore, recent claims also allege the fiduciaries selected investment options that consistently underperformed.
Listen as our authoritative panel of ERISA litigators reviews the recent wave of retirement plan litigation involving 401(k) and 403(b) plans. The panel will discuss theories, defenses, dismissals, and the current state of litigation.