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401(k)s with Bitcoin Should Expect Lawsuits (PDF)
Money-Media via Wagner Law Group
[Opinion] June 3, 2022 "Even if Fidelity finds a way to appease the DOL, ... the plaintiffs bar will be waiting. 'Any employer who would follow the Fidelity lead by offering cryptocurrency and 401(k) plan is exposing itself to very serious risk of a fiduciary breach,' said Jerry Schlichter, whose firm, Schlichter Bogard & Denton, has won more than $1.5 billion for clients in retirement plan litigation." MORE >> |
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