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The Tide May Be Turning on Flood of ERISA Excessive Fee Class Actions
Greenberg Traurig 
Sept. 20, 2022 "[Recent] Seventh and Sixth Circuit decisions collectively call for pleadings by plaintiffs that show the specifics of how a bad process was involved in fiduciary choices about vendors or investment vehicle offerings ... That may be welcome news to plan fiduciaries at a time when plaintiffs' attorneys are inundating employers with lawsuits alleging excessive fees and poorly performing investments in defined contribution plans based only on market comparators." |
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