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Chicago - March 29-30, 2012 2012 PLUS Professional Risk Symposium ERISA Litigation in the Hot Seat.

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Presentation on theme: "Chicago - March 29-30, 2012 2012 PLUS Professional Risk Symposium ERISA Litigation in the Hot Seat."— Presentation transcript:

1 Chicago - March 29-30, PLUS Professional Risk Symposium ERISA Litigation in the Hot Seat

2 ERISA Litigation on the Hotseat MODERATOR: Brian T. Ortelere, Partner, Morgan, Lewis & Bockius LLP PANELISTS: Cathy Cummins, Managing Director, Marsh Gregory Y. Porter, Partner, Bailey & Glasser LLP Rhonda Prussack, EVP and Fiduciary Liability Product Manager, Chartis Nancy G. Ross, Partner, McDermott, Will & Emery

3 CIGNA Corp. v. Amara CIGNA Corp. v. Amara, No , 2011 U.S. LEXIS 3540 (U.S. May 16, 2011) – Will it trigger/has it triggered other litigation? – Has the Department of Labor opined? – Can organizations take steps to avoid similar litigation? – Big concern?

4 Palmason v. Weyerhaeuser Co. Palmason v. Weyerhaeuser Co., No. 11 Civ (W.D. Wash. Apr. 25, 2011) – If employees haven’t lost benefits, why are they suing? – Do these types of suits have merit?

5 Stock Drop Suits ERISA stock drop litigation (aka “tag-along” suits) – Recent case law – Do these cases have merit? – Here to stay or going the way of the dinosaur?

6 Top Issues in 2012 Healthcare Reform Fee Disclosure Regulations – July 1, 2012 – Service Providers – August 30, 2012 – Plans Sponsors to Participants “Fiduciary” Redefined Other

7 Questions?

8 Chicago - March 29-30, PLUS Professional Risk Symposium ERISA Litigation in the Hot Seat


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