The number of lawsuits brought under the Employee Retirement Income Security Act totaled 6,925 in 2015, according to the Workplace Class Action Litigation Report, published Seyfarth Shaw, a Chicago-based law firm.
That was actually down a bit in 2014, when 7,163 claims were brought, resulting a record amount of settlements totaling $1.3 billion.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
