ERISA and ESOP Practice
The trustees and other fiduciaries of Employee Stock Ownership Plans face substantial financial and reputational exposure from claims asserted by private plaintiffs and government agencies under the Employee Retirement Income Security Act.
Our attorneys have substantial experience in advising and defending fiduciaries against these claims. Our team leverages its knowledge of ERISA and traditional trust law, which is the foundation for ERISA, along with strategic legal thinking, vigorous advocacy, and common sense to develop and execute the defenses necessary to protect ESOP fiduciaries against claims for breach of fiduciary duty, prohibited transaction claims, and other claims arising under ERISA.