Excessive Fees

LHC Group 401(k) Plan Breach of Fiduciary Duties Class Action

This class action, against LHC Group, Inc., the LHC Group 401(k) Committee, and a group of individuals, alleges that these defendants mismanaged the company’s LHC Group 401(k) Plan. The complaint claims they paid excessive fees for services, chose more expensive share classes than they needed to, and maintained underperforming investment options in the plan when  Read more

PACER Court Document Fees Settlement

The United States government is the defendant settling this class action for $125 million. It offers a service called Public Access to Court Electronic Records (PACER) that allows public access to documents filed in US courts. The complaint alleged that PACER was charging users more than necessary to cover the costs of providing the service  Read more

L Brands 401(k) Breach of Fiduciary Duty ERISA Settlement

This settlement resolves a class action against certain L Brands entities (L Brands, Inc., L Brands Service Company, LLC, and the Retirement Plan Committee of the L Brands, Inc. 401(k) Savings and Retirement Plan) alleging they breached their fiduciary duties to the 401(k) plan under the Employee Retirement Income Security Act of 1974 (ERISA). The  Read more

Old Dominion Retirement Plan Breach of Fiduciary Duty Class Action

Old Dominion Freight Line, Inc. has a retirement plan for its employees, the Old Dominion 401(k) Retirement Plan, which is governed by the Employee Retirement Income Security Act (ERISA). The complaint for this class action alleges that Old Dominion has breached its fiduciary duties of prudence and loyalty under ERISA by choosing high-priced investment options  Read more

Baystate Health Retirement Plan Recordkeeping Fees Class Action

Those responsible for retirement plans have a duty to exercise the “care, skill, prudence, and diligence” of a prudent person in their plan management. The complaint for this class action brings suit against Baystate Health, Inc. and the its Board of Directors, alleging they did not fulfill their fiduciary duty to the Baystate Health, Inc.  Read more

Ciox Medical Record Fees Texas Settlement

Ciox Health, LLC is settling a class action alleging it violated Texas law in what it charged for electronic copies of medical records. The complaint alleged it charged more than the Electronic Rate allowed for these records. In this settlement, the excess amount charged above the Electronic Rate is called the Disputed Fee.  Read more

Celink and RMF Reverse Mortgage Extra Charges Class Action

Home equity conversion mortgages (HECMs) are what the complaint for this class action calls “the federally-insured version of so-called ‘reverse mortgage’ loans[.]” The complaint calls out the practices of Compu-Link Corporation, which does business as Celink, and Reverse Mortgage Funding, LLC (RMF), alleging that the companies have added fees, costs, charges, and penalties to HECM  Read more

Allegiant 401(k) Plan Breach of Fiduciary Duty Class Action

The Employee Retirement Income Security Act (ERISA) imposes fiduciary duties on companies and others responsible for employee retirement plans. This class action brings suit against Allegiant Travel Company, claiming it breached its fiduciary duties of loyalty and prudence to the Allegiant 401(k) Retirement Plan.  Read more

Empower Managed Accounts Breach of Fiduciary Duties Class Action

Participants in retirement plans rely on plan fiduciaries to act in their interests, with loyalty and prudence. The complaint for this class action alleges Empower Retirement, LLC, Advised Assets Group, LLC (AAG), and other associated companies breach those duties to those who invest in Empower Managed Accounts, charging higher fees and concealing that the investment  Read more

Spark Energy Variable Rate Settlement

Spark Energy, LLC and Spark Energy Gas, LLC are settling three class actions alleging they charged residential customers variable rates for electricity and gas that were too high, and that were contrary to their obligations under their contracts and laws in California, Connecticut, Delaware, Illinois, Indiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania,  Read more