Judge Approves Stipulation Of Dismissal Of Excessive Fee Suit Against Retirement Plan

Mealey's (April 27, 2021, 8:31 AM EDT) -- KANSAS CITY, Mo. — Following the parties’ stipulation to dismiss, a federal judge in Missouri on April 15 dismissed with prejudice a retirement plan participant’s putative class suit alleging that the plan breached its fiduciary duty under the Employee Retirement Income Security Act and engaged in prohibited transactions by allowing excess fees to be charged to plan participants....