Pension funds sue Wells Fargo, alleging executives breached fiduciary duties

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The lawsuit, filed by employees led by John Meiners, from St. Louis, seeks to recoup excess fees and unrealized profits stemming from Wells Fargo’s alleged breach of fiduciary duties to all 401.

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A participant in the Disney Savings and Investment Plan has sued plan executives alleging breach of fiduciary duty. Fund from the investment lineup “when it became apparent that the fund was no.

In June 2007 a pension fund sued Countrywide’s board, alleging that the board filed false proxy statements that failed to disclose the true compensation of former chairman and CEO Angelo. s.

Wells Fargo Employees Sue Over Funds In Retirement Plans. seeks to recoup excess fees and unrealized profits stemming from Wells Fargo’s alleged breach of fiduciary duties to all 401(k.

A participant in Novitex Enterprise Solutions Inc.’s 401(k) plan is suing Novitex and members of the benefits committee for allegedly breaching their fiduciary duties. The suit accuses. along with.

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The lawsuit, filed by employees led by John Meiners, from St. Louis, seeks to recoup excess fees and unrealized profits stemming from Wells Fargo’s alleged breach of fiduciary duties to all 401(k) participants over the last six years, the complaint said. A Wells Fargo spokesman had no immediate comment on Friday.

Institutions including Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. were named. Municipal Police Employees´ Retirement System and other investors claim BP executives and directors.

Current and former participants in a defined contribution plan offered by FirstGroup America Inc., Cincinnati, have sued the company and its investment consultant, Aon Hewitt Investment Consulting,

A U.S. District Court judge in Atlanta has dismissed claims by participants in a Delta Air Lines Inc. 401(k) plan alleging that plan executives breached their fiduciary duties. sue. "Plaintiffs.

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