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Judge Rejects Anthem Parent's Petition to Dismiss Fiduciary Breach Claims
Pensions & Investments Link to more items from this source
Feb. 5, 2019

"Plaintiffs filed claims against the Anthem 401(k) fiduciaries alleging, among other things, that the plan managers failed to explore capital preservations alternatives to a money market fund and paid 'unreasonable' investment management fees and administrative fees to record keeper Vanguard Group. The defendants' primary argument was that most of the claims were made beyond a statute of limitations mandated by [ERISA]." [Bell vs. Pension Committee of ATH Holding Co. LLC, No. 15-2062 (S.D. Ind. Jan. 30, 2019)]

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