Breach Of Loyalty Claim Against Retirement Plan Fails; Remaining Claims Survive

Mealey's (August 6, 2019, 9:59 AM EDT) -- LOUISVILLE, Ky. — A breach of the duty of loyalty claim alleged by plaintiffs against the fiduciaries of a retirement plan must be dismissed because the plaintiffs do not provide sufficient facts supporting an inference that the plan fiduciaries were engaged in self-dealing by charging excessive administrative fees to plan participants; however, the plaintiffs’ remaining claims against the plan defendants will proceed, a Kentucky federal judge said Aug. 2 (Donna Disselkamp, et al. v. Norton Healthcare Inc., et al., No. 18-48, W.D. Ky., 2019 U.S. Dist. LEXIS 129519)....