Justices make it easier to sue over 401(k) retirement plans

The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies’ investment decisions that eat into retirement savings. The justices revived claims …

Click on the following link for the article: finance.yahoo.com

Tate’s comment: the employees had approximately 40 mutual funds to choose from. Perhaps this decision will prompt plans to provide employees with even more choices, in an effort to avoid these suits. Options and choices provided also don’t necessarily cause trustee, plan or company liability, but depending on the facts and evidence they might.  Enjoy. Dave Tate, Esq.

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