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Supreme Court Provides ERISA Remedy for Employees Who Suffer 401(k) Losses |
March 14, 2008
Previously published on February 26, 2008
In an opinion issued February 20, 2008, the U.S. Supreme Court held that Section 502(a)(2) of the Employee Retirement Income Security Act of 1974 ("ERISA") provides a remedy for participants in defined contribution plans, such as 401(k) plans, to sue for investment losses caused by a...
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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