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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.
Polsinelli Shughart Continues Expansion Efforts By Taking 14 from Faltering St. Louis Firm
Unable to find a merger partner and in the process of winding down its operations, 36-year-old midsize shop Gallop, Johnson & Neuman saw its managing partner and one of its name partners decamp for one of The Am Law 200's fastest-growing firms on Wednesday.
Wilmer Seeks Rocky Mountain High by Snagging Salazar
Wilmer Cutler Pickering Hale and Dorr has hired Kenneth Salazar, a former U.S. senator and head of the U.S. Department of the Interior, to launch a new office in Denver. Also heading for new horizons are Faegre Baker Daniels, Cozen O'Connor, and Hogan Lovells, which has its eye south of the border.Ineligible Pro Hac Vice Attorneys, In-House Counsel and Multijurisdictional Practitioners
Notice to the bar.Trending Stories
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