Nichols Kaster Attorney Carl Engstrom Quoted in Bloomberg BNA Article on 401(k) Fee Litigation
No Company is Too Big to Play Fair.
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By
Nichols Kaster
Nichols Kaster attorney Carl Engstrom was quoted in a Bloomberg BNA article regarding recent 401(k) fee litigation and the effect it is having on the 401(k) industry. The article discusses how recent litigation against 401(k) plans over excessiveness of fees—including several cases filed by Nichols Kaster over the past 9 months—have benefited employees by driving fees lower throughout the marketplace. For a full copy of the article, click here.