While there is no silver bullet to protect sponsors before and during litigation, following best practices is a start. (Photo: Shutterstock)
Is there any end in sight to the torrent of litigation against sponsors of retirement plans?
Not likely, say attorneys at Mayer Brown, a firm that's defended employer sponsors at the district court and appellate levels in some of the country's largest ERISA claims.
A rash of settlements in the past several years has motivated what Nancy Ross, co-chair of Mayer Brown's ERISA litigation practice, calls a “very aggressive” plaintiffs' bar.
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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.
