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Feinberg v. T. Rowe Price Group, Inc. et al
Case Number:
1:17-cv-00427
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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July 07, 2022
Md. Judge OKs $7M T. Rowe Price ERISA Settlement
A Maryland federal judge gave the final stamp of approval to a $7 million settlement between T. Rowe Price and a group of retirees who claimed the company mismanaged their retirement savings, after the judge had asked them to limit the scope of the pact.
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June 09, 2022
Revisions Needed For $7M T. Rowe Price ERISA Settlement
T. Rowe Price and retirees who claimed the company mismanaged their retirement savings told a Maryland federal judge on Thursday they would adjust a proposed $7 million settlement after the court complained the claims release underlying the pact was too broad.
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April 11, 2022
Attys Seek $4.2M From $7M T. Rowe Price Settlement
Attorneys for a thousands-strong class of workers who said T. Rowe Price mismanaged their retirement savings asked a federal court to award them $4.2 million in fees and expenses for their work on the case.
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January 10, 2022
Workers Pitch $7M Deal In T. Rowe Price ERISA Suit
T. Rowe Price workers urged a Maryland federal judge to approve a $7 million settlement that would end their class action accusing the investment management company of costing workers $123 million by loading its retirement plan with in-house offerings.
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July 27, 2021
T. Rowe Price Inks Deal To End ERISA In-House Fund Suit
T. Rowe Price Group has settled an ERISA class action accusing it of enriching itself at its workers' expense by packing the company's 401(k) plan with in-house products, according to paperwork filed in Maryland federal court.
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July 06, 2021
T. Rowe Price Workers Lose Appeal Bid On Hardwiring Issue
A Maryland federal judge has declined T. Rowe Price Group Inc. workers' request for the Fourth Circuit's take on whether ERISA allows financial institutions to hardwire a preference for their own investment products into their 401(k) plans, ruling that the litigation isn't developed enough for appellate review.
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February 10, 2021
T. Rowe Price Must Face Bulk Of Claims In ERISA Suit
T. Rowe Price must face most of a suit accusing the investment giant of costing workers millions by offering only in-house mutual funds as 401(k) options, a Maryland federal judge ruled.
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August 22, 2018
T. Rowe Price Must Face 401(k) Participants' ERISA Suit
T. Rowe Price Group Inc. must face a proposed class action alleging it packed its 401(k) plan with proprietary funds to the detriment of the plan's participants after a Maryland federal judge ruled that all of the Employee Retirement Income Security Act claims in the suit were adequately pled.