I am pleased to announce that I will be speaking in an upcoming live phone/web seminar entitled "ERISA Fiduciaries Under Attack: Key Litigation and Regulatory Developments" scheduled for Thursday, June 16, 1:00pm-2:30pm EDT.
Litigation surveys cite breach of fiduciary duties as a fast-growing driver of ERISA lawsuits involving securities fraud and questions about investment-risk governance and prudence. Economic losses and investment complexity are only a few reasons for continued new rules, regulations and claims.
In addition, significantly increased liability exposure is expected due to the SEC's and DOL's focus on expanding the definition of plan fiduciaries.
Evolving case law is putting plan sponsors and service providers in the spotlight as never before with regard to their investment-related processes. Litigation claims are focusing on who is making the investment decisions, and the due-diligence and other procedures these decision-makers use.
My fellow panelists and I developed this program to guide attorneys through the ERISA fiduciary minefields, address best practices for fiduciaries, discuss practical realities regarding case management and settlement, and recommend action steps for counsel to investment committees, board members and the advisers, consultants, appraisers, custodians and managers who provide products and services to employee benefit plan sponsors.
We will offer our perspectives and guidance on these and other critical questions
- When are plans adopting risk management strategies?
- What should the composition of the investment committee be?
- How may an expanded "fiduciary" definition impact potential damages?
- Does Dodd-Frank affect plan-management concerns?
- How should insurance coverage be reviewed and managed?
After our presentations, we will engage in a live question and answer session with participants — so we can answer your questions about these important issues directly.
I hope you'll join us.
Click for more information or to register for this webinar about ERISA litigation.
Susan Mangiero, PhD, CFA, FRM