Georgia Federal Judge Denies Motions To Dismiss Excessive Fees Lawsuit

(March 16, 2017, 11:58 AM EDT) -- ATLANTA — A Georgia federal judge on March 7 mostly denied two motions to dismiss an Employee Retirement Income Security Act lawsuit against 401(k) investment manager Reliance Trust Co. and Insperity Inc., a professional employer organization, saying that plaintiffs sufficiently alleged that the defendants acted as fiduciaries concerning administrative and record-keeping fees for the 401(k) plan (Ronda A. Pledger, et al. v. Reliance Trust Co., et al., No. 1:15-cv-04444, N.D. Ga.)....