Court Grants Class Certification in Oracle 401(k) Excessive Fee Suit
However, a federal judge change the class definition for the imprudent investment claims because class representatives were not all invested in the funds challenged.
Tag: 401(k) plans
Court Finds Participants Failed to Meet Pleading Standards in HP Suit
The 9th Circuit ruled that a prudent fiduciary in the same circumstances as the defendants could view the proposed alternative course of action regarding company stock in Hewlett-Packard's...
401(k) Excessive Fee, Self-Dealing Suit Filed Against Wells Fargo
The suit questions the use of actively managed versus passively managed funds. It also suggests that collective trusts and separate accounts are better vehicles than mutual funds for...