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Goldman Sachs 401(k) Fee Class Action Dismissed
Jackson Lewis P.C. 
Nov. 1, 2022 "[T]he Court found that the Defendants had robust policies and procedures in place for monitoring and evaluating the Plan's investment options ... [and] reiterated that not adopting an IPS is not a per se ERISA violation.... [T]he Court found that the Plan was treated no less favorably than similarly situated plans with respect to fee rebates, and dismissed Plaintiff's prohibited transaction claim. " [Falberg v. The Goldman Sachs Group, Inc., No. 19-9910 (S.D.N.Y. Sep. 14, 2022)] MORE >> |
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