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401(k) Fee Suits Over High Cost to Employees on the Rise
Litigation concerning excessive administrative fees charged to employees by their 401(k) plans is heating up. Some suits have focused on undisclosed fees charged for mutual funds or annuities. Still others challenge the prudence of employers that invest in funds that charge high fees, even if they're fully disclosed. A claim for excessive fees in 401(k) plans is "like the newest toy in the toy box" for the plaintiffs bar, says Gregory Ash, an attorney who is defending companies against such suits.Getting Fired: Don't Deal With the In-House Counsel and Deal With It Publicly?
Heaven forbid, IF you get fired, don't talk with the in-house counsel and deal with it in a public manner? Uh oh, that's not what an in-house lawyer wants to hear ...Trending Stories
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