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District Court Dismisses Oshkosh Fees Challenge
PLANSPONSOR; free registration may be requiredLink to more items from this source
Sept. 8, 2021

"[A]ccording to the ruling, the plaintiff does not allege any facts as to what would constitute a reasonable fee or any facts suggesting that the fee charged by the recordkeeper is excessive in relation to the services provided.... The plaintiff's arguments regarding the provision of inappropriate share classes and the offering of actively managed investments were met with similar skepticism by the court." [Albert v. Oshkosh Corp., No. 20-901 (E.D. Wis. Sep. 2, 2021)]

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