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Wells Fargo latest to be sued over forfeited 401(k) money
A proposed class action accuses the company of violating ERISA for its $45.8 billion 401(k) plan.
401(k) lawsuits over ‘forfeited’ money get a lifeline
There is one way to help avoid such litigation in the future, one lawyer says: Get rid of vesting schedules.
Attorney Jerry Schlichter opens up about 403(b), 401(k) suits
After recent filings of a dozen lawsuits against university retirement plans, InvestmentNews spoke with the high-profile attorney about the broader world of ERISA fee litigation.