9th Circ. Revives $30M ERISA Fees Suit Against Trader Joes

By Bonnie Eslinger (April 15, 2022, 10:03 PM EDT) -- A Ninth Circuit panel on Friday breathed new life into a proposed class action that accuses Trader Joe's Co. of wasting workers' retirement funds on excessive 401(k) plan fees, saying the ERISA claim "plausibly alleges a failure to provide cost-effective investments with reasonable fees."...

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