Patrick DiCarlo Quoted in Defined Contributions & Savings Plan Alert

Patrick DiCarlo was quoted in a Defined Contributions & Savings Plan Alert article discussing the anticipated wave of lawsuits that will likely come in the wake of this year’s investment crisis. “I think everyone assumes this is going to be the next wave of ERISA litigation,” said DiCarlo. “Right now fee stuff is big. Lawsuits that touch on the financial problems we’ve experienced this fall are next.” According to the article, DiCarlo is now working to protect plan sponsor clients by documenting investment decisions and moving executives out of internal committees that decide whether to offer company stock in defined contribution plans.