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Fiduciary Liability

Fiduciary Liability Counsel Rooted in ERISA Insight

LRD represents fiduciary liability insurers in evaluating coverage for and settling claims against fiduciaries and Plan sponsors under the Employee Retirement Income Security Act of 1974 (ERISA). We bring a deep understanding of the underlying ERISA exposures and developing trends in ERISA class actions and Department of Labor enforcement actions, and we work closely with the defense bar to develop strategies for case defense and resolution.

Our expertise in representing primary and excess fiduciary liability carriers includes claims involving:


• ESOP transactions, including ESOP creation and ESOP buyouts

• Excessive fee litigation

• Imprudent investment litigation

• Department of Labor investigations

• Union and multi-employer sponsored Plans