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Eighth Circuit Upholds Dismissal of ERISA Lawsuit Alleging Excessive Recordkeeping Fees
Roberts Disability Law
Sept. 10, 2024 "The court explained that had the plaintiffs alleged that the services purchased were sufficiently similar to render the comparisons valid, their claims might have been plausible. The court also explained that the plaintiff's other allegations rely on aggregate data from the Investment Company Institute, but this data does not identify the cost structure of individual plans, just the overall costs." [Barrett v. O'Reilly Auto., Inc., No. 23-2501 (8th Cir. Aug. 29, 2024)] MORE >> |
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