ERISA | Employee Benefits Litigation
Most companies nowadays provide their employees with the option to participant in some sort of 401(k), pension or other retirement plan. Under the Employee Retirement Income Security Act (ERISA), employers and other plan fiduciaries are required to act prudently, loyally and with the highest regard for the interests of their employees and other plan participants when selecting plan investment options and investing plan assets. An employer or plan fiduciary who breaches these duties may be liable under the laws of ERISA for breach of fiduciary duty. Specifically, when employers fall short on their ERISA fiduciary duties, employees can seek to hold their employers and other plan fiduciaries accountable for plan losses. Richard D. Worth currently represents plan participants who have sustained losses to their retirement plans as a result of fiduciary breaches by plan sponsors and other plan fiduciaries. The attorneys of Cosgrove Law, LLC are well-versed in the laws of ERISA, and we have the knowledge and resources necessary to diligently represent anyone who feels they have been deprived of benefits under their retirement plan.
