Planning and preparing for your financial future presents plenty of challenges, but violations of Employee Stock Ownership Plans shouldn’t be one of them. Whether the violation was fraud, prohibited transactions, or plan termination, we will help you resolve the issue.

ERISA (Employee Retirement Income Security Act)
ESOP (Employee Stock Ownership Plan)

Our attorneys have participated in the representation of multiple plaintiffs and other parties in Ohio, New Jersey, New York, California, Louisiana, Oregon, Missouri and Illinois. We handle ERISA/ESOP claims that include:

  • Breach of fiduciary duty- both corporate and ERISA
  • Breach of duty to diversify investments
  • Violations relative to acquisitions and holding of employer securities
  • Prohibited transactions
  • Fraud and misrepresentations
  • Plan termination
  • Excessive compensation

We are cuttently co-counsel for Plaintiffs in the ERISA/ESOP matter styled as Mark Artzer, et al. v. Gutchess Lumber Co., Inc. Case Number 5:13-CV-664, in the United States District Court for the Northern District of New York.

A copy of certain key documents filed in the case can be found here: 

We also assist plan fiduciaries in resolving potential problems and have represented companies in the defense of claims involving violations of the ERISA.

To better meet your needs, we accept ERISA/ESOP representations on both an hourly and contingent fee basis. When it comes to securing the retirement money you worked hard to earn, Shayne Nichols, LLC is the law firm working in your best interest.