Wolf Haldenstein is nationally recognized for its success in litigating Employee Retirement Income Security Act (ERISA) class actions on behalf of employees against those who mismanaged their retirement savings. Wolf Haldenstein attorneys have recovered over $100 million for employees from trustees and corporate managers from some of the largest corporations in the US who breached their fiduciary duty to the employee’s pension fund and its beneficiaries.
Employees who participate in an employer sponsored pension or 401(K) plan are protected by ERISA. ERISA, a federal law enacted in 1974, protects employees from mismanagement of their pension fund by the fiduciaries who are entrusted to manage their retirement savings. If a fiduciary has mismanaged the pension fund, employees may sue for breach of fiduciary duty under ERISA.
Wolf Haldenstein attorneys have achieved success in both state and federal trial and appellate courts nationwide on behalf of employees.
The ERISA Practice area is fully supported by the Firm’s Business Practice and Investor Protection practice groups, enabling our attorneys to leverage expertise complex litigation, securities litigation, derivative litigation, jury trial and accounting and auditing practices to protect our clients and their rights.