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Schlichter Firm Files Broad Fiduciary Complaint Against Empower
October Three Consulting 
Sept. 17, 2025 "This is a suit against the provider, not the plan sponsor. The complaint alleges that Empower -- which functioned primarily as plan recordkeeper (an administrative, not a fiduciary function) -- was nevertheless a fiduciary.... Casting the provider as defendant allows plaintiffs (and their attorneys in this class action) to sue (and claim relief/damages with respect to) all the plans Empower is recordkeeper for, increasing (by orders of magnitude) the dollar value of this lawsuit." [Williams‑Linzey v. Empower Advisory Group, LLC, No. 25‑14660 (D.N.J. complaint filed Aug. 15, 2025) MORE >> |
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