Pension Funds Attorneys
Baltimore, Maryland and Delaware
Protect Your Pension Assets
The corporate financial scandals of recent years made worldwide headlines, and one result has been an increased pressure on pension funds to protect their investments, and to determine whether portfolio losses are the result of market forces or fraudulent conduct.
Trustees have a fiduciary duty to investors to recover fund assets from any settlement amounts that have been awarded in a class action.
Monitoring of Pension Funds
Since our offices have become aware that union pension funds are suffering from the same decline as other funds, we have a monitoring system available for tracking your pension holdings. There is no charge for this monitoring and we will work directly with your custodian to establish an electronic system.
- Attorneys and financial professionals monitor financial news and market reports daily. When a stock declines significantly, determinations as to whether there was any wrongdoing are made.
- If any claims exist, client-trading records are reviewed to determine when the fund purchased the stock. If that was during the class period, and a significant loss has been suffered, we may suggest that the fund participate in the litigation and perhaps apply to be the lead plaintiff.
- Whether or not you are a lead plaintiff in any case, monitoring of your pension fund will continue and we will inform the fund of any important developments - verdicts or settlements - so that the custodian can file claim forms. This will prevent any money from being left on the table, because often, without any settlement notification, custodians do not collect money due back to their funds.
We represent unions and pension funds nationwide from our offices in Maryland and Delaware. For more information on our securities litigation and monitoring services, please contact us today.