Browsing Tag
401(k) Litigation
276 posts
401(k) litigation refers to legal actions brought by plan participants against employers or plan fiduciaries, typically alleging mismanagement of retirement plans. Common claims include excessive fees, poor investment choices, failure to monitor service providers, and breaches of fiduciary duty under ERISA. These lawsuits seek to hold fiduciaries accountable for decisions that may harm participants’ retirement savings. The outcomes can lead to financial settlements, plan reforms, or precedent-setting rulings that impact fiduciary standards.
Princeton: Nobel Laureates and a Low-Fee Lawsuit
The venerable university is the latest institution of higher learning to be sued over its retirement plan's alleged high fees and record keeping choices.
Top Investment Research School Hit With Fee Lawsuit
Well, this is awkward. The University of Chicago, home to Nobel laureates, quant fanatics and more investing expertise…
Why All the Fuss Over 401(k) Fees?
An illustration of why, exactly, fees have taken center stage in the 401(k) and retirement industries (and made…
Raymond James Settles Ski Resort Fiduciary Scam
Broker-dealer bigwig Raymond James Financial will pay $150 million to investors in New England ski resort Jay Peak…
5 Major 401(k) Lawsuits That Directly Impact Advisors
401(k) lawsuits highlight fiduciary risk. Learn strategies to reduce liability, avoid excessive fees, and protect retirement plans
What’s Happening in 401(k) Fee Litigation?
Manning & Napier senior vice president Shelby George calls it a 'wild, wild west' for lawyers and litigation, and it's not slowing down.
How to Put the Brakes on 401(k) Ambulance Chasers
401(k) lawsuits are increasing, creating risks for retirement plans, fiduciaries, and advisors as litigation spreads to smaller plans.
Make 401(k)s Great Again: Top Trump Advisor Scaramucci Sounds Off
Anthony Scaramucci navigates Trump's administration and challenges, questioning the DOL fiduciary rule's impact.
Johnny Depp’s Bad Movies, Good Reasons for Fiduciary Rule
Johnny Depp money woes reveal mismanagement, costly spending, and lawsuits, highlighting the risks of poor financial oversight.
A Critical Checklist for 401k Fiduciary Liability Insurance
Retirement plan sponsors are more exposed to litigation by plan participants than ever before. Under the Employee Retirement…