Breach of Fiduciary Duty
Under the ERISA statute, a fiduciary has the responsibility to act in the best interests of investors and plan participants at all times. The fiduciary is the person or organization managing your retirement accounts. When actions are taken that serve the interests of anyone other than the investors, and a loss in the value of accounts occurs, there may be cause for a breach of fiduciary duty claim.
At the law firm of Galligan & Reid, P.C., based in Des Moines, Iowa, we represent investors in a variety of breach of fiduciary duty cases. There is a lot at stake in these matters, and it is important to have strong representation from a reputable lawyer. We have a complete understanding of the law and will work diligently to see that your interests are protected.
Holding Fiduciaries Accountable
Breach of fiduciary duty can happen in many different ways. Being a fiduciary is the highest duty owed to someone in the law. Fiduciaries are required to carry out their duties prudently. This includes diversifying plan investments and only engaging in transactions that benefit the investors. The fiduciary should not engage in practices that seek to defraud investors.
Our attorneys are committed to doing everything they can to ensure that your interests are protected. When required to fully promote a client's interests, we will not hesitate to take on large corporations, and we will not back down from a fight. We aggressively pursue fair compensation for the losses investors suffer, and we will not hesitate to take a case to court in order to get it.
Call for a Free Initial Consultation
Contact our office today to discuss your case. We are available during regular business hours and by appointment at other times. You can reach us by phone at 888-365-5206 or via e-mail.
