The Federal Employees Retirement Income and Securities Act of 1974 (commonly referred to as "ERISA") was enacted by Congress to protect working families and their pensions from fraud and abuse. 

 ERISA has been a powerful force in curbing fraudulent business practices by insurers, agents, financial planners, HMOs, and others who manage health, disability, and pension plans. For example, ERISA imposes fiduciary duties upon Pharmacy Benefits Managers (or "PBMs"), who have found ways to divert health care expenditures from patients and providers, while pocketing secret rebates, pricing spreads, and other revenue from drug manufacturers and pharmacies. HH&K, through the national firm of HERMAN GEREL, LLP, is the leader of a nation-wide effort to recapture such funds from the PBM industry.