Tag: 401(k) fees|401(k) investments|401(k) plans|Court decisions|Fiduciary|Lawsuit|Pension Rights Center
Supreme Court Decision in Tibble a Victory for 401(k) Participants
WASHINGTON – On May 18, the U.S. Supreme Court ruled in favor of employees in Tibble v. Edison International, a class-action lawsuit filed by participants in the power company’s 401(k) plan. The plaintiffs argued that plan trustees violated their fiduciary duty by paying more than necessary for certain investments, which negatively impacted their account balances. […]
