2 Motions To Dismiss Denied In Class Suit Over ERISA Plan Costs, Fees

Mealey's (October 12, 2021, 9:28 AM EDT) -- COLUMBUS, Ohio — An employee who brought class claims accusing her former employer and the 401(k) plan committee of breaching the Employee Retirement Income Security Act when they failed to keep costs in check and negotiate lower fees as the plan grew may proceed with her case as the defendants failed to show a lack of subject matter jurisdiction or failure to state a claim upon which relief could be granted, a federal judge in Ohio ruled Sept. 16 in denying motions to dismiss....