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  MYRON D. RUMELD    
Phone 212.969.3021
mrumeld@proskauer.com
 
PARTNER
   
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Press Room

In The News
High Court to Mull Available Remedies Under ERISA
Fewer New ERISA Stock Lawsuits Being Filed
2nd Circuit Clarifies ERISA Notice Requirements For Benefit Plans

Client Alerts
Ninth Circuit Concludes That San Francisco's "Pay or Play" Ordinance Is Not Preempted By ERISA
Second Circuit Rules Cash Balance Pension Plans Are Not Age Discriminatory
U.S. Supreme Court Rules Disability Benefit Formula that Credits Younger Workers with Additional Years of Service Does Not Violate the ADEA Because Any Disparate Treatment Was Not "Actually Motivated" by Age

Newsletters
The ERISA Litigation Newsletter
The ERISA Litigation Newsletter
The ERISA Litigation Newsletter

Press Releases
Proskauer Rose Announces 86 Lawyers Ranked Among City's Best in New York Super Lawyers
Proskauer Rose Widely Recognized in 2008 Chambers USA
Proskauer Rose Announces 83 Lawyers Ranked Among City's Best In New York Super Lawyers

Published Articles
The Tarnished Parachute: Courts Grapple with Retirees' Rights to Health Coverage

Seminars
ERISA Fest

Speaking Engagements
Law Education Institute (LEI) National CLE Conference

View all MYRON D. RUMELD's Press Room Items

New York Office:
1585 Broadway
Fax 212.969.2900

Practice Areas:
Employment Discrimination
Employee Benefits
Fiduciary Duty Relating To Benefit Plans
Health Benefit Plans
Labor & Employment
Labor Litigation
Litigation
Pension Plans
Sexual Harassment
Appellate
Employee Benefits Litigation
Education:
COLUMBIA UNIVERSITY SCHOOL OF LAW, J.D., 1983
ARTICLES EDITOR, COLUMBIA LAW REVIEW, 1982-1983
HARLAN FISKE STONE SCHOLAR
STATE UNIVERSITY OF NEW YORK AT BINGHAMTON, B.A., 1980
PHI BETA KAPPA
 
Bar Admission:
06/04/1984 NEW YORK
 
Court Admissions:
1984 U.S. DISTRICT COURT, NEW YORK, EASTERN DISTRICT
1985 U.S. DISTRICT COURT, NEW YORK, SOUTHERN DISTRICT
1992 U.S. COURT OF APPEALS, SECOND CIRCUIT
1993 U.S. DISTRICT COURT, NEW YORK, WESTERN DISTRICT
1995 U.S. COURT OF APPEALS, THIRD CIRCUIT
1998 U.S. DISTRICT COURT, NEW YORK, NORTHERN DISTRICT
 
Bar Affiliations:
AMERICAN BAR ASSOCIATION, MEMBER, EMPLOYEE BENEFITS COMMITTEE OF LABOR & EMPLOYMENT LAW SECTION
NEW YORK STATE BAR ASSOCIATION, MEMBER
ASSOCIATION OF THE BAR OF THE CITY OF NEW YORK, MEMBER
 
Clerkship:
LAW CLERK, HON. I. LEO GLASSER, UNITED STATES DISTRICT COURT, EASTERN DISTRICT OF NEW YORK, 1983-1984
 
Biography:

Myron joined Proskauer's Labor and Employment Department in 1984 after serving as a law clerk for the Honorable I. Leo Glasser of the United States District Court for the Eastern District of New York. He became a member of the Firm in 1991. Myron now supervises the bulk of the Firm's employee benefits plan litigation activities in its New York office, but also has handled a broad array of other labor and employment litigation matters.

In the employee benefits field, Myron has represented both single employer and multiemployer plans, plan fiduciaries, employer contributors to multiemployer plans, and professional advisors to plans. He has had extensive experience in all types of litigation matters including: individual and class action lawsuits alleging violations of ERISA's fiduciary duty and prohibited transaction provisions, and ERISA's age discrimination and minimal accrual rules; challenges to plan denials of claims for benefits; suits challenging plan amendments, plan terminations, and the termination of retiree benefits; actions challenging particular plan investment decisions; delinquent contribution claims and withdrawal liability claims brought against employer contributors to multiemployer plans; Pension Benefit Guaranty Corporation proceedings; and United States Departments of Justice and Labor investigations and lawsuits.

The depth and variety of Myron's ERISA litigation practice is evident from his present and recent endeavors, which include: handling a series of investigations and/or lawsuits dealing with breach of fiduciary duty claims against the trustees of 401(k) plans in connection with the plans' investment in stock of the corporate plan sponsor; representing the independent fiduciaries responsible for investigating and prosecuting claims for recovery of many millions of dollars in losses associated with the construction of a hotel owned by a pension fund; and defending several class action lawsuits, including three seeking recovery of interest on delayed benefit payments; two seeking to invalidate a pension plan’s cash balance features; and one contending that a multiemployer pension plan’s benefit formula was illegally back loaded.

Among Myron's earlier achievements was his supervision of a series of lawsuits brought on behalf of the Mason Tenders District Council Trust Funds against various former Fund trustees and service providers. These efforts, combined with his coordination of settlements with the Departments of Labor and Justice, resulted in the recovery of millions of dollars in investment losses that the Funds suffered when they were poorly administered and under organized crime influence.

Earlier in his career, Myron also played a principal role in a series of landmark suits in the Second Circuit concerning fiduciary, co-fiduciary and non-fiduciary liability arising from multimillion-dollar losses in plan investments. Other achievements include the successful management of a series of related lawsuits alleging various breaches of fiduciary duty and prohibited transactions arising from plan real estate investment losses; and the defense of consolidated lawsuits raising novel issues concerning the interplay of ERISA's delinquent contribution law and the jurisdictional dispute mechanisms in the construction industry.

Outside the field of employee benefits, Myron has had extensive experience in class action employment discrimination and sexual harassment lawsuits. He recently settled a class action lawsuit brought on behalf of 2000 railroad employees, alleging racial discrimination in discipline and promotion. The case raised cutting edge issues on the scope of class certification in the aftermath of the Civil Rights Act Amendments, and has led to two precedent-setting decisions by the United States Court of Appeals for the Second Circuit. Earlier in his career, Myron was involved in Meritor Savings Bank, FSB v. Vinson, the landmark Supreme Court decision on environmental harassment, and the successful appeal in a sexual harassment suit against Penthouse Magazine that originally resulted in an award of $4 million in punitive damages after trial.

Myron is a graduate of SUNY-Binghamton and Columbia Law School, where he was an articles editor for the Law Review and was a Harlan Fiske Stone Scholar in each year that he attended. He actively participates in the Employee Benefits Committee of the Labor and Employment Section of the American Bar Association, in connection with which he is a Senior Editor of the publication, Employee Benefits Law. He has written and spoken extensively on both employee benefits and employment litigation, and has authored several articles that have appeared in The New York Law Journal and elsewhere.

 
   
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