Retireholics - Nevin Adams drops by for headlines.
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Headlines:
https://www.napa-net.org/news-info/daily-news/participant-data-claims-dismissed-excessive-fee-suit
Participant Data Claims Dismissed in Excessive Fee Suit
Judge Salas concluded that the plaintiffs had presented ample evidence that they were paying $80-$124 in record-keeping fees per participant from 2014 to 2018—some 400% higher than the $25-$30 that the plaintiffs had alleged was reasonable to expect for a plan of this size.
www.napa-net.org
https://www.napa-net.org/news-info/daily-news/seventh-circuit-gives-oshkosh-another-excessive-fee-suit-win
Seventh Circuit Gives Oshkosh Another Excessive Fee Suit Win
A federal appellate court took another look at an excessive fee case it had dismissed—and found nothing in a recent Supreme Court decision to change its mind.
www.napa-net.org
https://www.euclidspecialty.com/when-should-sanctions-be-imposed-in-erisa-class-actions/
When Should Sanctions Be Imposed in ERISA Class Actions?
A federal district court has imposed $1.5 million in sanctions against the Schlichter Bogard & Denton LLP law firm and its co-counsel for “recklessly” prosecuting an excessive fee case under section 36(b) of the Investment Company Act of 1940 without credible factual or legal support against Great-West Capital Management.
www.euclidspecialty.com
Headlines:
https://www.napa-net.org/news-info/daily-news/participant-data-claims-dismissed-excessive-fee-suit
Participant Data Claims Dismissed in Excessive Fee Suit
Judge Salas concluded that the plaintiffs had presented ample evidence that they were paying $80-$124 in record-keeping fees per participant from 2014 to 2018—some 400% higher than the $25-$30 that the plaintiffs had alleged was reasonable to expect for a plan of this size.
www.napa-net.org
https://www.napa-net.org/news-info/daily-news/seventh-circuit-gives-oshkosh-another-excessive-fee-suit-win
Seventh Circuit Gives Oshkosh Another Excessive Fee Suit Win
A federal appellate court took another look at an excessive fee case it had dismissed—and found nothing in a recent Supreme Court decision to change its mind.
www.napa-net.org
https://www.euclidspecialty.com/when-should-sanctions-be-imposed-in-erisa-class-actions/
When Should Sanctions Be Imposed in ERISA Class Actions?
A federal district court has imposed $1.5 million in sanctions against the Schlichter Bogard & Denton LLP law firm and its co-counsel for “recklessly” prosecuting an excessive fee case under section 36(b) of the Investment Company Act of 1940 without credible factual or legal support against Great-West Capital Management.
www.euclidspecialty.com
