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Procedural Prudence Saves the Day for Bechtel 401(k) Plan Fee Defendants
Spencer Fane Britt & Browne LLP 
[Guidance Overview] Nov. 10, 2008
Excerpt: A federal court in California kicked the most significant 401(k) fee claims against Bechtel Corporation and its plan fiduciaries out of court on November 3, based largely on the defendants' ability to show that they engaged in a prudent process of evaluating investment fund alternatives. (Kanawi v. Bechtel, No. C 06-05566 CRB (N.D. Cal. 11/3/08)
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