Keller Rohrback Investigates Starwood Hotels & Resorts’ Employee Retirement Plan
January 27, 2017
Keller Rohrback L.L.P. is investigating Starwood Hotels & Resorts (“Starwood”) for breaching its fiduciary duties in violation of the Employee Retirement Income Security Act (“ERISA”). Starwood Hotels is one of the largest hotel companies, owning several hotels and resorts, such as: Sheratons, Westins, W hotels, & Marriott hotels. The company employs over 180,000 people throughout the world.
The investigation focuses on whether Starwood breached its fiduciary duties by allowing service providers of its retirement savings plan to charge participants excessive fees and by receiving improper kickbacks from the service providers. These breaches allegedly cost participants and beneficiaries of Starwood’s retirement savings plan hundreds of thousands of dollars in retirement earnings.
For decades, investors have trusted the attorneys at Keller Rohrback L.L.P. to help them recover losses due to breaches of fiduciary duty. Keller Rohrback L.L.P. has a national reputation for groundbreaking ERISA class action litigation, and serves as lead and co-lead counsel in ERISA and other class actions throughout the country. With offices in Seattle, Phoenix, New York, Ronan, Santa Barbara, and Oakland, our Complex Litigation Group is proud to offer its expertise to clients nationwide. Our trial lawyers have obtained judgments and settlements on behalf of clients in excess in excess of eighteen billion dollars.