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ERISA Class Action Filed Against J.P. Morgan Over Defunct American Century Stable Value Fund
FRA PlanTools 
Sept. 12, 2013
"J.P. Morgan Retirement Plan Services, and related entities including J.P. Morgan Chase & Co., have been hit with an ERISA class action by participants who invested in the American Century Stable Asset Fund (ACSAF).... The complaint was filed [in the Southern District of New York] by two plaintiffs who are participants in two different 401(k) plans that offered the ACSAF. The plaintiffs invested in that fund and allege losses recoverable under ERISA because of self-dealing by J.P. Morgan."
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