Verrill Dana Employee Benefits attorneys Eric Altholz and Chris Lockman provide a brief update on class action lawsuits alleging various breaches of fiduciary duties under ERISA pending against a dozen major universities. All of these lawsuits are related to the administration of the 403(b) plans maintained by the universities, but these issues are not limited to higher education institutions. Tax-exempt employers, including health care organizations, whose 403(b) programs may include multiple vendors and a large number of investment options should reduce the risk of “analysis paralysis” and high fees that may result from offering a large number of vendors and funds. In this podcast, Eric and Chris offer thoughts about how retirement plan fiduciaries can assess and improve their practices regarding the investment of plan assets in 403(b) and 401(k) plans.
97 Verrill Attorneys Recognized by Best Lawyers® 2027, Including Four Named Lawyers of the Year
AUGUSTA, Maine, BANGOR, Maine, BOSTON, Mass., PORTLAND, Maine, and WESTPORT, Conn., (August 20, 2026) – Verrill is proud to announce that 97...After 45 Years, the IRS Speaks on DCAP Nondiscrimination Testing – And It’s Good News
Employers that provide a Dependent Care Assistance Program will be pleased to learn that for the first time in 45 years, the IRS has issued guidance...Robert Keach Discusses Bankruptcy Auction Strategy in Law360
Verrill attorney Robert Keach spoke with Law360 article examining the complex bankruptcy auction process that resulted in the sale of 23 summer...Martha Gaythwaite Featured in Portland Press Herald Coverage of Sig Sauer Trial Victory
Verrill attorney Martha Gaythwaite was highlighted in media coverage of a federal trial in Bangor involving firearm manufacturer Sig Sauer. As...Law360 Quotes Robert Keach on Senate Bill Affecting Small Business Restructurings
Verrill attorney Robert Keach was recently quoted in a Law360 article discussing federal legislation that would permanently restore the $7.5 million...SAFEs and Preferred Stock – Key Deal Terms Every Founder Should Know
SAFEs Before negotiating a term sheet for preferred stock, many early-stage companies, particularly at the seed stage, first raise capital through...Verrill Welcomes Business Restructuring and Insolvency Attorney Nimra Tariq
BOSTON, Massachusetts – Verrill is pleased to announce that Nimra Tariq has joined the firm’s Business Restructuring and Insolvency Group as an...Robert Keach Provides Commentary on First Brands Restructuring in Law360
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