ERISA
The Firm has experience representing both pension plans and their trustees and fiduciaries in matters ranging from breach of fiduciary duty to failure to fund. We have acquired in-depth experience in all aspects of benefits litigation, including single-plaintiff and class-action benefit claims, fiduciary duty, discrimination, reporting and disclosure, health, pension and welfare plan interpretation, executive compensation/stock option, and multi-employer plan claims.
 
Our practice also includes complex issues such as class-action law and procedure, ERISA pre-emption and ERISA’s relationship to state laws generally, breach of fiduciary duty and available remedies under ERISA. In U.S. District Court in Boston, the Firm’s lawyers successfully defended some of the trustees of the Eastern Airlines Variable Pilots Pension Plan from claims brought by the participants alleging imprudent investments, failure to diversify and general mismanagement of the Plan and its assets.
 
At the time the litigation was commenced, the $1,000,000,000 pension plan had over 90% of its assets in illiquid investments. Because Eastern Airlines had recently failed, the number of plan participants demanding lump sum benefits forced the trustees to impose a moratorium on all lump sum benefit distributions.

   

 

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