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Proprietary Funds Draw Another 401(k) Excessive Fee Suit
American Retirement Association [ARA] Link to more items from this source
Sept. 16, 2022

"A new suit claims that the decision to retain proprietary funds in the 401(k) was 'polluted by self-interest,' driven by a 'blind preference' and that 'defendants' favoritism' has led to the payment of excessive investment management fees." [Schissler v. Janus Henderson US (Holdings) Inc., No. 22-02326 (D. Colo. complaint filed Sep. 9, 2022)]  MORE >>

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