Recently there has been an increased focus on fees associated with 401(K) plans. Many believe that Tussey et al v ABB will become a landmark case in 401(K) litigation. In March 2012, the court ruled that ABB plan participants would receive $36.9 million in addition […]
A claim that New York Life Insurance Co. improperly transferred pension and 401(k) assets into its mutual fund is almost over.
On March 4, Judge Bruce W. Kauffman of the U.S. District Court for the Eastern District of Pennsylvania approved a $14 million settlement between the […]