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401(k) Class Actions
How does the average American protect themselves from the misdeeds of large corporations, particularly those that they work for? When employees of a company are all harmed by the same type of action, policy, or practice they can band together in a class action case to protect their rights and recoup their damages.
We represent plaintiffs in class actions and our practice provides access to court for people who otherwise could not afford to vindicate their rights. We take on the largest corporations in America and the best legal talent that their money can buy. We bring class action lawsuits by employees over their 401(k), 401(b), 401(a) or other defined contribution plans, and ESOP or pension plans, particularly class action cases where employees are charged excessive or undisclosed fees.
Mark K. Gyandoh, Esquire, who spearheads the firm’s fiduciary practice group, has 20 years of experience in breach of fiduciary duty class actions brought pursuant to the Employee Retirement Income Security Act of 1974 (ERISA). To read more about his background click here.
Other practice group members include James A. Maro, Esquire (click here), James A. Wells, Esquire (click here), and Giulia T. Conboy, Esquire (click here).
Capozzi Adler Strikes Again
The law firm of Capozzi Adler PC has filed yet another excessive fee suit—with a familiar template—including the assertion that the fees paid by the plan were…”astronomical.”
Media Mentions:
- Revenue-Sharing Targeted in New Excessive Fee Suit (4/21/2019)
- ERISA Class Action Complaint Targets Ardent Health Services (12/31/2019)
- Chemical Distributor Faces Excessive Fee Suit Against 401(k) Plan (1/10/2020)
- Cumulus Media Sued Over 401(k) Plan’s Fees, Investment Funds (2/27/2020)
- ‘Astronomical’ RK Fees Again Cited in Suit (4/17/2020)
- Automotive Manufacturer New Target of ERISA Excessive Fee Suit (5/5/2020)
- Excessive Fees, Conflicts of Interest Alleged in New ERISA Lawsuit (5/5/2020)
- A Familiar Name – Capozzi Adler, P.C. – Files Another 401(k) Excessive Fee Suit (5/12/2020)
- ManTech ERISA Challenge Shows Cases Moving Down Market (5/19/2020)
- Another Plan ‘Panned’ by Capozzi Adler (5/19/2020)
- Land O’ Lakes Faces 401(k) Excessive Fee Suit (5/28/2020)
- A(nother) $2 Billion Plan Sued by Capozzi Adler (6/11/2020)
- Estee Lauder Faces 401(k) Plan Excessive Fee Lawsuit (6/26/2020)
- Biogen faces class action over 401(k) fees (7/20/2020)
- Parties in Lawsuit Over Revenue Sharing in 401(k) Plan Agree to Settle (8/24/2020)
- Law Firm Continues Its Roll With ERISA Excessive Fee Suits (8/28/2020)
- ERISA lawsuit filed against Nvidia (9/4/2020)
- Altru Health System faces clas-action lawsuit regarding retirement investments (9/11/2020)
- ERISA Litigation Targets Insurance Services Office (10/2/2020)
- TriNet Latest to Face Familiar Fiduciary Breach Allegations (10/5/2020)
- Amway’s 401(k) at center of lawsuit (11/11/2020)
- ICON Clinical Research Faces Common ERISA Claims (4/1/2021)
- Capozzi Adler Takes a ‘Shot’ at a $5 Billion Plan (5/18/2021)
- Capozzi Adler Files a Big 403(b) Suit (6/9/2021)
- New Excessive Fee Suit Alleges Familiar 401(k) and 403(b) Plan Breaches (9/29/2020)
- Capozzi Adler Strikes Again… (11/12/2021)
- Capozzi Adler Captures an Excessive Fee Settlement (11/23/2021)
- Capozzi Adler Strikes Another (Relatively) Quick Settlement (12/21/2021)
- $10 Billion 403(b) Smacked with Excessive Fee Suit (1/19/22)
- Latest ERISA Lawsuit Filed Against MITRE Corp. (6/24/22)
- Capozzi Adler Captures Another Relatively Quick Settlement (7/19/22)
- Capozzi Adler Makes a Third Excessive Fee ‘Run’ at 401(k) Plan (12/29/22)
- $6 Million ‘Mien’: Capozzi Adler Snags a Big Settlement (3/16/23)
- Parties Strike Settlement in Excessive Fee Suit (1/3/24)
- Multi-Billion Dollar 401(k) Settles Excessive Fee Suit (3/5/24)
- Settlements Struck in Several Excessive Fee Suits (5/9/24)
- Court Approves $1.5M Settlement in Amway ERISA Lawsuit (7/11/24)
- Another 401(k) Excessive Fee Settlement Struck (8/7/24)
- Capital One Faces Latest 401(k) Forfeiture Lawsuit (11/18/24)
- Trader Joe’s 401(k) Plan Accused of Overinvesting in Single Fund, Mismanaging Forfeitures (2/3/25)
- JPMorgan Sued for Including ‘Underperforming’ Stable Value Fund in 401(k) Menu (3/18/25)
- Cigna Hit With Forfeiture Lawsuit; Intuit Reaches Settlement (5/16/25)
- Complaint Alleges ERISA Breaches by Siemens Energy (7/29/25)