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When Can 401(k) Fiduciaries Get Excessive Fee Suits Dismissed?
Cohen & Buckmann, P.C. Link to more items from this source
Jan. 19, 2021

"[T]he number of [ERISA fee litigation] lawsuits filed in 2020 was double the number filed in 2018. While some of the fiduciaries who were sued didn't take their fiduciary responsibilities seriously, many others who tried to do a good job were caught in the sights of aggressive class action attorneys.... [Two recent] decisions may provide a template for further dismissals of cases filed based on conclusory allegations and speculation rather than the actual conduct of the defendants."

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