Supreme Court Rules Today That Employees Can Sue Plan Administrators

The Supreme Court rules today that employees in a 401k plan CAN sue their plan administrators for not abiding by their wishes. This situation is going to open wide lawsuits especially in volatile markets like the bear (up and down) market we are in.

http://news.yahoo.com/s/ap/20080220/ap_on_go_su_co/scotus_pension

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>