Compliance | December 22nd, 2022 Xerox Reaches $4.1 Million Preliminary Settlement in Excessive Fee Lawsuit The settlement in principle is pending court approval.
Compliance | August 4th, 2020 $10M Settlement Reached in NRECA ERISA Litigation Beyond the cash reimbursement to the plan, the settlement requires regular fee studies and a recordkeeping RFP process at least...
Compliance | July 21st, 2020 Koch Industries Charged With Excessive Recordkeeping Fees The plaintiffs suggest the firm’s fiduciary failures were either from lack of a prudent process or from interest in getting...
Compliance | June 11th, 2020 Excessive Recordkeeping Fees Alleged in KeyCorp ERISA Challenge The complaint alleges that KeyCorp has failed to take advantage of recordkeeping market competition and the associated drop in average...