401(k) suit claims higher revenue-sharing funds should have been used
Had Juniper Networks' plan used higher-revenue-sharing share classes, net costs conceivably could have been lower, if those fees were rebated back to participants, according to the complaint.
A 401(k) fee lawsuit filed Wednesday against Sunnyvale, California-based Juniper Networks lobs a kitchen-sink load of claims against the company.
The plaintiff in the proposed class action alleges that the company failed in its fiduciary duty by allowing higher-than-necessary costs for investment
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