MLchartDataset catalogue

Employee Retirement Income Security Act stock drop litigation

Term · Insurance and risk management · MLC-T-INS-001297

Lawsuits filed under the Employee Retirement Income Security Act (ERISA) against fiduciaries of employee stock ownership plans (ESOPs) or 401(k) plans that invest in employer stock. These claims typically allege that fiduciaries breached their duties by continuing to offer or invest in company stock when its value was declining significantly. Plaintiffs seek to recover losses for plan participants.

Table 1. Record
IdentifierMLC-T-INS-001297
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001297",
  "term": "Employee Retirement Income Security Act stock drop litigation",
  "field": "Insurance and risk management",
  "definition": "Lawsuits filed under the Employee Retirement Income Security Act (ERISA) against fiduciaries of employee stock ownership plans (ESOPs) or 401(k) plans that invest in employer stock. These claims typically allege that fiduciaries breached their duties by continuing to offer or invest in company stock when its value was declining significantly. Plaintiffs seek to recover losses for plan participants.",
  "url": "https://mlchart.com/terminology/insurance/employee-retirement-income-security-act-stock-drop-litigation/"
}

Record 1,151 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.