NU Online News Service, Nov. 25, 9:46 a.m. EST
With fewer hurdles to face in bringing lawsuits against employee benefit plan fiduciaries than against directors and officers, more victims of Ponzi schemes will file pension liability suits, a legal expert predicted recently.
Kenneth Rubinstein, partner in the Manchester, N.H. office of Nelson, Kinder, Mosseau & Saturley, offered the viewpoint during a presentation at the international conference of the Minneapolis-based Professional Liability Underwriting Society in Chicago earlier this month.
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