Claim For Record-Keeping Fees Survives Union Retirement Plan’s Dismissal Motion

Mealey's (April 27, 2018, 9:28 AM EDT) -- SANTA ANA, Calif. — Plan participants who brought a class complaint against a union retirement plan may proceed with their claim over record-keeping fees, a California federal judge ruled on April 24, finding that the plaintiffs showed that they had standing and properly stated a claim; however, he dismissed the plaintiffs’ other claim over the offering of retail shares with leave to amend (Felipe Ybarra, et al. v. Board of Trustees of Supplemental Income Trust Fund, et al., No. 17-2091, C.D. Calif.)....

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