Ready or Not Here Comes ERISA: Why ERISA Class Action Litigation is Headed for Your Clients' Health Plans
When many lawyers hear the term ERISA, they either cringe or run. But a new frontier of ERISA litigation is coming, and your clients need to be ready for it. Since 2006, hundreds of cases have been filed challenging ERISA defined contribution plan investments, fees, and record keeping arrangements resulting in billions in settlements and billions in attorneys' fees. Now plaintiffs are pursuing similar types of “excessive fee” putative class actions against employer sponsored health plans related to prescription drug pricing, rebates, and other related fees. Your clients’ health plans could be next. Come to this CLE so you can help your clients prepare for and prevent litigation that could cost them millions of dollars.
Takeaways:
- A new wave of excessive fee putative class action litigation is coming for your clients.
- Learn from the past to help your clients’ future: Past 401K excessive fee cases can teach you how to help your clients face health plan excessive fee cases.
- Learn prudent steps that will help your clients stay ahead of the curve and reduce their risk of costly litigation and settlements.
PRESENTERS:
Aaron Schaer, Ballard Spahr LLP, Seattle, Washington USA
Vanessa Szalapski, Dorsey & Whitney LLP, Minneapolis, Minnesota USA
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