Fee Litigation: Has A Tipping Point Been Reached?
For example, a financial provider, New York Life, has recently agreed to pay $14 million on ERISA fee claims related to its mutual funds.
Moreover, in several recent rulings, many courts have permitted fee claims to go forward, at least through the preliminary stage of the case.
An illustrative case is Charters v. John Hancock Life Ins. Co., 2007 WL...
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