Eli Lilly Worker's Proposed Class Suit Over 401(k) Fees Nixed

By Beverly Banks (February 6, 2023, 7:02 PM EST) -- A worker's proposed class action claiming fiduciaries of Eli Lilly and Co.'s 401(k) retirement plan illegally allowed excessive record-keeping fees can't go forward, an Indiana federal judge ruled, saying a recent Seventh Circuit decision doesn't support the allegations under the Employee Retirement Income Security Act. ...

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