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ERISA Lawsuit Against Two Boston College 401(k) Plans Can Go to Trial
Pensions & Investments
Apr. 15, 2024 "[The district court judge ruled] that allegations by current and former participants of two 401(k) plans about excessive record-keeping fees and poor-performing investments could proceed.... The judge complained that the legal process took too long -- 21 months from the initial complaint to his ruling. 'This entire summary judgment exercise has been a monumental waste of time,' he wrote. The Boston College case 'would have benefitted everyone from a direct march to trial.' " [Sellers v. Trustees of Boston College, No. 22-10912 (D. Mass Apr. 11, 2024)] MORE >> |
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