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Second Case Challenging Prescription Drug Costs is Dismissed
Groom Law Group 
Mar. 10, 2026 "In dismissing the plaintiffs' complaint, the Wells Fargo court leaned heavily on the plan's terms, which afforded Wells Fargo complete authority to set participant contribution rates and to require participants to fund all plan expenses. The Wells Fargo court held that health plans are closely analogous to defined benefit pension plans ... [and] that cases where plaintiffs have alleged that 401(k) plans ... charged participants excessive fees are distinguishable." [Navarro v. Wells Fargo & Co., No. 24-3043 (D. Minn. Mar. 3, 2026)] MORE >> |
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