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Lawsuit Against Wells Fargo Highlights Increasing Focus on Health and Welfare Plan Fiduciaries
Kutak Rock LLP 
Aug. 7, 2024 "The Wells Fargo complaint echoes many of the same claims as in the JNJ suit ... [N]ew in the Wells Fargo complaint is an allegation the plan fiduciaries engaged in prohibited transactions ... by causing the Plan to pay excessive and unreasonable administrative fees to its PBM.... Health plan fiduciaries should strongly consider these steps to help reduce their litigation exposure[.]" [Navarro v. Wells Fargo & Co., No. 24-3043 (D. Minn. complaint filed Jul. 30, 2024)] MORE >> |
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