Why more companies should brace for ERISA lawsuits

Published 4 Min Read

The Wells Fargo sign is in front of the bank; it's daytime.
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For many Americans, health insurance doesn’t guarantee they will be able to afford care without risking their financial stability. Some workers are taking steps to shake up the status quo. 

This year alone, workers from Johnson & Johnson and Wells Fargo have filed class action lawsuits against their respective companies for violating their fiduciary duty under the Employee Retirement Income Security Act, or ERISA, the federal law that establishes standards for private sector retirement and health plans. 

Deanna Cuadra
Senior Reporter

Deanna Cuadra is a senior reporter at Employee Benefit News. Her work covers healthcare, U.S. policy and reform, challenges faced by women and parents in the workplace and innovation in work culture … Read full bio


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