Charles H. Field
Top rated Employee Benefits attorney in La Jolla, California
Practice Areas:
Employee benefits,
Securities & corporate finance,
Business & corporate,
Civil litigation,
Employment & labor,
Mergers & acquisitions,
Employment law - employee
Education Qualification:
University of the Pacific McGeorge School of Law
Practice Areas:
Employee benefits,
Securities & corporate finance,
Business & corporate,
Civil litigation,
Employment & labor,
Mergers & acquisitions,
Employment law - employee
7911 Herschel Ave, Suite 300La Jolla, California, 92037
First Admitted: 1986, Indiana
Professional Webpage: https://www.sanfordheisler.com/team/charles-field/
Bar/Professional Activity:
- California, 1997
Verdicts/Settlements (Case Results):
- Mr. Field has successfully litigated a number of ERISA class action cases against several Fortune 500 companies for claims of mismanaging their employees’ 401(k) retirement plans, resulting in multi-million-dollar settlements in Brown-Davis, et al. v. Walgreen Co. ($13.75 million), Karg v. Transamerica ($5.4 million), and Price, et al. v. Eaton Vance Corp. ($3.45 million)
- Mr. Field is currently litigating ERISA class claims against UnitedHealth Group, The Capitol Group, Home Depot, and Allstate for mismanaging 401k plans, 2024
- Counsel for the class in In re: GE ERISA, which in 2024 resulted in a $61 million settlement to resolve 401(k) mismanagement claims brought under the Employee Retirement Income Security Act (ERISA) against General Electric ("GE") on behalf of the plaintiffs. Mr. Field first filed the class complaint in 2017. Subsequently, other firms joined and co-litigated the matter on behalf of a nationwide class for almost eight years through hard-fought litigation and settlement. The $61 million settlement is believed to be the largest-ever settlement in an ERISA case alleging a retirement plan improperly offered proprietary funds., 2024
- Representing elderly and high-net worth individuals in their claims of financial abuse and fraud against investment firms, promoters and brokers, including winning a $2.1 million award for an investor against Madison Avenue Securities
Representative Clients:
- Mr. Field is counsel for the plaintiff class numbering over 150,000 individuals in Snyder v. UnitedHealth Group, et al. in the U.S. District Court for the District of Minnesota. The class action lawsuit brought under the Employee Income Retirement Security Act (ERISA) alleges that class members, through the UnitedHealth Group 401(k) plan, were invested in the Wells Fargo Target Fund Suite, one of the worst-performing target date options in the entire market. The Complaint alleges that UnitedHealth’s decision to keep the suite as the default investment for the Plan for over a decade violated fiduciary duties of prudence and loyalty under ERISA. The matter was certified as a class action in February 2022 and is in active litigation., 2024
Honors/Awards:
- 2021-22 Lawdragon 500 Plaintiff Employment Lawyer
- San Diego Super Lawyers: Employee Benefits, https://profiles.superlawyers.com/california/la-jolla/lawyer/charles-h-field/d8892c6a-2991-478b-8065-21f04937e481.html, 2024
- San Diego Super Lawyers: Employee Benefits, https://profiles.superlawyers.com/california/la-jolla/lawyer/charles-h-field/d8892c6a-2991-478b-8065-21f04937e481.html, 2023
- The 2023 Lawdragon 500 Leading Civil Rights & Plaintiff Employment Lawyers, https://www.lawdragon.com/guides/2023-07-28-the-2023-lawdragon-500-leading-civil-rights-plaintiff-employment-lawyers, 2023
- 2021 National Law Journal Employment Trailblazer
Educational Background:
- B.A., Indiana University-Indianapolis
- European Legal Studies, The University of Edinburgh and The University of Salzburg
Contact Charles
All the below fields are required