Class Certification Stipulated In ERISA Suit Challenging PNC Retirement Plan Fees

Mealey's (September 20, 2022, 12:03 PM EDT) -- PITTSBURGH — In a stipulation that a Pennsylvania federal judge signed Sept. 16, the parties in an Employee Retirement Income Security Act lawsuit over allegedly excessive record-keeping fees agreed to certification of a mandatory class and appointment of representatives and counsel, noting that the retirement plan in question had more than “65,000 participants during the Class Period.”...