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| Chamber of Commerce Says Cookie-Cutter Excessive Fee Suits Harm Participants PLANSPONSOR; free registration may be required  Aug. 30, 2021 "The chamber says the rapid increase in excessive fee litigation is not 'a warning that retirees' savings are in jeopardy,' but proof that converting 'subpar allegations' into settlements has proven to be a lucrative endeavor for attorneys bringing the lawsuits." [In re American National Red Cross ERISA Litigation, No. 21-541 (D.D.C. amicus brief of U.S. Chamber of Commerce filed Aug. 23, 2021] |
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