BFA Attorneys Erin Woods, Nancy Kulesa and William Massa recently authored an article titled ‘Filling the Gap: The Increasing Importance of Institutional Investors Addressing Corporate Misconduct in an Era of Reduced Government Enforcement' which was published in the Summer 2025 edition of NCPERS’s PERSist.
The article discusses the growing importance of trustee involvement in corporate governance and litigation as a response to declining regulatory enforcement. The piece highlights how trustees can help protect plan assets, support long-term returns, and promote a fair and transparent market.