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Quest Diagnostics Faces 'Excessive Fee' Litigation
planadviser; registration may be required 
July 30, 2020 "A key fact included in the allegations is that the Quest Diagnostics plan reportedly has approximately $4 billion in assets, qualifying it as a 'jumbo plan' in industry parlance. The plaintiffs say this means it should be able to secure easy access to very low-cost investment options, given the economies of scale such buying power generates." [Rice v. Quest Diagnostics Inc., No. 20-9540 (D.N.J. complaint filed Jul. 28, 2020)] MORE >> |
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