Web Site Lists ERISA Company Stock Suit Settlements

Fiduciary Counselors, an independent fiduciary company, has compiled a very useful table of all the settlements involving employer stock as well as other ERISA class action litigation over the last 10 years. Forty-three of the cases involve company stock in 401(k) plans, five of which are specifically ESOPs. While not a comprehensive list of all the many class action cases involving employer stock over the years (it focuses primarily on larger cases), it is one of the most comprehensive sites available. The table lists any decisions made in the cases, the settlement date (if any), the class period, the plan participants and maximum financial exposure, the total settlement, settlement components, plan changes, and attorney fees. Go to http://www.erisasettlements.com/ for details.