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ERISA Controversy Report
October 2009
 

Message from the Firm

By Joe Faucher

Many clients prefer not to deal with litigation attorneys until they absolutely must. We’ve learned not to take this too personally. Until it becomes a necessity to speak to us, we’re happy to share some thoughts about risk avoidance, risk management and fiduciary responsibility.

In this newsletter, we discuss how plan fiduciaries whose plans were adversely attacked by the Madoff scandal should be responding. Then, Fred Reish describes the types of increasing claims against investment advisers and offers some practical pointers for avoiding and management those claims.

In our last article, we address the difference between ERISA fidelity bonds and fiduciary liability insurance, and discuss why you may need insurance even if you are not required to have it.

Our employee benefit attorneys— including our ERISA and employee benefit litigation attorneys—are here to help whether you have been sued, are contemplating suing or just want to know how to manage your business to minimize risk and expenses. We look forward to hearing from you.


Reprinted with permission, © 2009 Reish & Reicher, A Professional Corporation. All rights reserved. The ERISA Controversy Report is published as a general informational source. Articles are general in nature and are not intended to constitute legal advice in any particular matter. Transmission of this report does not create an attorney-client relationship. Reish & Reicher does not warrant and is not responsible for errors or omissions in the content of this report.

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