Securities And ERISA Suits: A Fatal Combination

Enron, WorldCom, Global Crossing, Rite Aid, Lucent–the list seems endless.

Company employees who have suffered both the loss of their jobs and their retirement savings are perhaps among those hardest hit by the recent glut of these corporate scandals.

These investors have turned to the courts for remuneration, filing ERISA suits as counterparts to securities suits originating from identical facts and containing similar claims.

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