ERISA Class Action Developments: Unravel the Mysteries of Retirement Plan Mismanagement
The recent months have seen a significant increase in the number of Employee Retirement Income Security Act, as amended (ERISA), class action filings concerning the alleged mismanagement of 401(k), 403(b), and Employee Stock Ownership Plans (ESOPs). As court rulings continue to emerge and reshape the regulatory landscape, it is imperative for plan sponsors and fiduciaries to revisit their existing ERISA plans to ensure compliance. Likewise, they should stay updated with any developments in this field of law to avoid potential liability risks.
Join distinguished ERISA litigators Jonathan Sulds (Greenberg Traurig, LLP) and David R. Johanson (Hawkins Parnell & Young LLP) as they provide a comprehensive discussion of the retirement plan mismanagement issues that could result in ERISA class action. Speakers, among other things, will also offer critical strategies in facing the current tidal wave of fees and litigation.
Field of Study: business law
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Shareholder Top Rated Labor and Employment Lawyer Greenberg Traurig, LLP
Jon’s record of consistently achieving client objectives in his labor and employment practice has earned him a spot in Lawdragon’s Hall of Fame, designation as a Benchmark Litigation Labor & Employment Star, and repeated listings in Chambers, Best Lawyers, Super Lawyers, and The Legal 500. In the ERISA litigation field, his notable victories include Martone v. Robb, 902 F.3d 519 (5th Cir. 2018) Skelly v. Ins. Serv. Office, 599 Fed 409 (BNA) 2939 (2d Cir. 2015) , Montesano v. Xerox, etc, 265 F.3d. 86 (2d Cir. 2001), and Davenport v. Harry N. Abrams, 249 F.3d 130(2d Cir. 2001). A cum laude graduate of Harvard Law School, Jon is a shareholder at Greenberg Traurig LLP; from 2010-2018, Jon co-chaired the firm’s Global Labor and Employment Practice which was twice named a Law360 Group of the year during his tenure. Jon currently co-chairs the firm’s ERISA litigation practice. The New York Law Journal recently published his take on the Hughes v. Northwestern Supreme Court decision, Charting a Northwestern Passage. (New York Law Journal, March 11, 2022).
Senior Partner and Partner-in-Charge, at NAPA Hawkins Parnell & Young LLP
David assists clients in general corporate matters and in employee ownership, benefit, ERISA, and related business matters, with an emphasis on executive compensation, equity incentive plans, non-qualified deferred compensation, employee stock ownership plans (ESOPs), ESOP transactions, mergers and acquisitions (and related tax planning), and business succession and estate planning. David has served as outside general counsel to numerous corporate clients over the past 38 years. He also frequently appears on behalf of clients in business and employment-oriented defense litigation in state and federal courts throughout the country, and before regulatory agencies (e.g., U.S. Department of Labor, Internal Revenue Service, etc.).
