Morgan Lewis

Employer Resource Institute Audio Conference

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Morgan Lewis attorneys D. Ward Kallstrom, Nicole Diller, and Donald P. Sullivan will speak on "Employee Benefits: New Ruling Says Employees Can Sue Over 401(k) Mistakes; How to Protect Yourself."

The conference will cover the Supreme Court's decision in LaRue v. DeWolff, Boberg & Assocs., Inc., which ruled that when fiduciary misconduct reduces the value of an individual account in a defined contribution plan, such as a 401(k), the harmed employee can sue for damages. In the past, courts had taken the position that ERISA law only allowed lawsuits for harm to the plan as a whole.

Mr. Kallstrom, Ms. Diller, and Mr. Sullivan will discuss the new risks that defined contribution plan sponsors face, and offer employers guidance on assessing and averting those risks. They will also speak on the topic of fee-and-expense lawsuits and how to avoid them.

For more information, please visit the conference website.