William Lerach on the Looming Pension Fund Storm
Wednesday, September 28
12 – 2 pm
Read the Event Summary.
William Lerach, Partner, Lerach Coughlin Stoia Geller Rudman & Robbins LLP
Bill Alpert, Senior Editor, Barron’s
Class-action lawyer William Lerach, perhaps best known for leading the charge against corporate executives accused of defrauding their shareholders in cases including the collapse of Enron and WorldCom, will paint a sobering picture of the future of domestic and international corporate pension funds. Mr. Lerach will explain how many corporations in the bull market years took inflated stock valuations for granted, slashed employer contributions to corporate pension funds to artificially boost earnings, and created a huge pool of unwitting victims– the retirees to whom corporate pension payouts have been promised. Corporate pension funds suffered hundreds of billions in losses during the market crash and Mr. Lerach will examine three factors that are converging to spell peril for US and foreign corporate pension funds and the retirees to whom their benefits have been promised.
12 – 12:30 pm Registration & reception
12:30 – 1 Luncheon
1 – 2 Lecture
Admission: Corporate members are entitled to a designated number of free admissions to this event, based on their company’s current membership level. These reservations must be made at least 48 hours prior to the event. Additional corporate registrants pay the discounted corporate member rate of $45 for lunch and lecture, $10 for lecture only. Nonmember admission: $65 for lunch and lecture, $15 lecture only. When payment is required, prepayment must be made, or registration secured, with a credit card. All registrations and cancellations must be made at least 48 hours prior to the event. Substitutions are welcome.
- Wednesday, September 28, 2005
- 12:00 pm