In many cases, we have evaluated the activities of directors, officers, and their advisors to determine whether they acted prudently and in a manner consistent with their roles and fiduciary duties. Our analyses have addressed mergers and acquisitions, corporate decisions, marketing statements, oversight of internal audits and processes, elections, and independence of directors.
In the area of Employee Retirement Income Security Act (ERISA) litigation, we have analyzed the suitability of investment decisions, the adequacy of a board’s investigation of plan fees, and potential conflicts of interest. We also have addressed fiduciary duties in mutual fund fee negotiations and investment advising.