15 Excessive Fee Lawsuit Examples

15 Excessive Fee Lawsuit Examples Over the last year, advisor insurance claims for excessive fee lawsuits have skyrocketed. If you are a retirement plan fiduciary, you too could be at an increased risk for an allegation that the investment manager or recordkeeper is being paid too much. It’s beneficial to understand what exactly plaintiffs are [...]

Read More
By | February 24th, 2021|Insurance Information, RIA|0 Comments

Excessive Fee Lawsuits and their Impact on the Insurance Market

Excessive Fee Lawsuits and their Impact on the Insurance Market Large class-action excessive fee lawsuits were once rare and targeted big firms with billions of assets under management. Now, these lawsuits have taken aim at small-firm fiduciaries managing all types of plans. Litigation is extremely complex and costly with personal assets put at risk. Settlements [...]

Read More
By | February 1st, 2021|Insurance Information, RIA|0 Comments