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DOL Weighs in on 401(k) Forfeiture Class Actions
Holland & Knight
July 25, 2025 "The U.S. [DOL] recently weighed in for the first time on plaintiffs' forfeiture claims in its amicus brief filed in one of the Ninth Circuit appeals ... Additional decisions on motions to dismiss have been issued in the last month.... While courts continue to disagree over how to handle the plaintiffs' theory ... plan sponsors and plan fiduciaries might have cause for some cautious optimism, as the tide seems to be turning in the defendants' favor on these claims." MORE >> |
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