AllianceBernstein 401(k) lawsuit booted
A court dismissed the case, pointing to the facts that the company waived fees for its participants and didn't really benefit from the assets.
AllianceBernstein this week defeated a lawsuit over the use of its own products in the company’s $1.3 billion 401(k), and the result has lessons for other plan sponsors.
On Monday, the US District Court for the Southern District of New York dismissed the plaintiffs’ claims without prejudice,
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