These Law Firms Led the Way in Filing Benefit Class Actions

There’s been no slow down this year in the number of class actions brought against major employers that provide their workers with retirement plans.

Two law firms in particular—Schneider Wallace and Bailey & Glasser LLP—were the most active filers of Employee Retirement Income Security Act class actions.

Since October 2016, these two firms each filed nine ERISA lawsuits seeking class treatment, according to an analysis of Bloomberg Law dockets. The cases have mainly targeted financial institutions, prominent private universities, and administrative service providers, among others.

While these two firms have filed the most cases in the past year, their cases ...