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Plaintiffs' Bar Filing of ERISA Claims Alleging Excessive 401(k) Fees (PDF)
Dechert LLPLink to more items from this source
Oct. 5, 2006
3 pages. Excerpt: Thus far, other plaintiffs' firms have not followed suit with similar actions but, given the challenges to recovery under the Investment Company Act of 1940 and the broad fiduciary duties laid down under ERISA, companies and other entities with large 401(k) plans may be targeted with similar claims, especially if these latest cases were to gain traction in the federal courts.

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