2nd Circ. Wary Of Deloitte Workers' 401(k) Suit Revival Bid
By Kellie Mejdrich
The Second Circuit appeared reluctant Friday to revive a proposed class action against Deloitte alleging workers' employee 401(k) plans were weighed down by excessive recordkeeping fees, with multiple judges on a panel pointing to a lack of specific cost comparisons to other plans in an amended complaint.