Ropes & Gray Partners Discuss Developments in Retirement Plan Investment and Excessive Fee Litigation

In The News
August 3, 2023

Litigation & enforcement partners Amy Jane Longo, Amy Roy and Dan Ward and ERISA fiduciary practice head Josh Lichtenstein presented during an August 2 Strafford webinar titled “Developments in Retirement Plan Investment and Excessive Fee Litigation: A View From the Trenches.”

During the webinar, the panelists examined the current landscape of retirement plan investment and fee litigation. The discussion focused on the offering of proprietary investment products and services in financial service company plans, and similar investment and fee litigation arising from the offering of investment products and services in client plans. The panel also addressed how plan sponsors and fiduciaries can avoid or mitigate the risk of litigation in this changing legal environment.

These complex issues have recently moved front and center in both the regulatory and litigation arenas as private plaintiffs and the government challenge the prudence and performance of these investments and associated fees and expenses.