401(k)

401(k) Participants Can Be Prime Targets of Cross-Selling Efforts

Posted June 8th, 2020 by .

Categories: 401(k).

Participants in their company’s 401(k) plan have come to expect that their employer will protect their personal information from disclosure outside the plan. However, plan participants of Shell Oil’s 401(k) have filed a case in federal court in Galveston, Texas – Harmon v. Shell Oil Company – alleging Shell took no action to stop the […]

Read More

Understanding 401(K) Documents: The Annual Fee Disclosure

Posted June 1st, 2020 by .

Categories: 401(k).

401(k) documents are notoriously mystifying—and notoriously ignored. “I must say,” admitted Justice Ruth Bader Ginsburg at recent oral argument of the United States Supreme Court, “I don’t read all the mailings that I get about my investments.” For about 72 million American workers, 401(k)s are “nest eggs.” Employees expect their 401(k) investments, along with social […]

Read More

Now is a Good Time to Judge Your Company’s Management of Its 401(k) Plan

Posted May 7th, 2020 by .

Categories: 401(k).

No doubt you have seen the news recently about the stock market gyrations caused by the uncertainties arising from Covid-19.  Because many Americans’ retirement savings are invested directly and indirectly in the stock market, now may be the time to evaluate how your 401(k) is holding up through this market volatility. Foremost, a fund that […]

Read More

It’s Great You Have a 401(k) – But Who’s Minding the Store?

Posted August 6th, 2018 by .

Categories: 401(k).

In recent years, employees have been filing an increasing number of meritorious lawsuits against employers for 401(k) mismanagement.  These claims are in the tens of millions of dollars and range from disloyalty to imprudence to disregarding conflicts of interest.  Some of the more egregious claims come when employers populate 401(k) plans with their own expensive […]

Read More

401(K) Mismanagement: How to Recognize the Signs

Posted April 19th, 2017 by .

Categories: 401(k).

Each year, millions of hard-working employees invest billions of dollars in their employer’s 401(k) plans because they trust their employer to provide a best of class plan. Often, however, the employer’s endeavors are tainted by a failure of effort, competence and/or loyalty.  Employees’ hard-earned retirement savings are exposed unnecessarily to wasted fees and poor investment […]

Read More

Ways to Spot 401(k) Mismanagement

Posted February 8th, 2016 by .

Categories: 401(k).

A 401(k) plan is essential for any American employee who wants to save for his/her retirement. However, chances are you just take a quick look at your balance every month to make sure things are moving forward. But without looking at your statement thoroughly, how would you know if your retirement plan is being misused […]

Read More

Do you suspect your employer of 401(k) mismanagement? Read this.

Posted October 21st, 2015 by .

Categories: 401(k).

Recently, there has been an increase in cases where a current or former employee sues their employer for mismanaging the company’s 401(k) plans. The allegations have ranged from excessive fees to improper revenue sharing to poor performing or untested investment options. Many of these cases involve an employer who doubles as the investment manager for […]

Read More

If you or someone you care about has been taken advantage of in a securities or other financial transaction, Sanford Heisler Sharp can help right that wrong.

Contact Us Today

Sanford Heisler Sharp, LLP is a public interest law firm representing individuals and groups against corporations and governmental entities. The firm also represents individual citizens when a corporation is committing an act of fraud against the U.S. Government. As a private attorney general, Sanford Heisler Sharp, LLP specializes in employment, Title VII and wage and hour matters; representation of executives and attorneys; qui tam whistleblower cases; consumer fraud; housing discrimination; mass torts; and appellate and complex litigation.

© 2020 Sanford Heisler Sharp, LLP    |    Attorney Advertising    |    Disclaimer    |    Designed by ENX2 Marketing