"The company's 401(k) plan covers about 63,000 participants and holds nearly $15 billion in assets, according to the complaint. Roughly one-third of these funds were in what plaintiffs termed 'underperforming' products ... The former employees argued that the company was involved in self-dealing and prohibited transactions under ERISA because it designed its own funds, picked the managers, decided how assets were allocated and then collected related fees." [Lowbruck v. Dell, No. 26-0209 (W.D. Tex. complaint filed Jan. 28, 2026)]  MORE >>