Alert October 05, 2010

New ERISA Litigation Update Available

On September 30, 2010 Goodwin Procter’s ERISA Litigation Practice published the latest edition of its quarterly ERISA Litigation Update.  The Update discusses recent developments in a number of  401(k) fee cases, including certification of a class in a case challenging the use of actively managed mutual funds in a retirement plan and entry of the first trial judgment in one of the dozens of pending fee cases.  The Update also reports on recent developments in class actions challenging securities lending practices and a decision impacting the ability of financial service firms to recover erroneous benefits payments to retirement plan participants.