California Federal Judge Certifies 2 Classes In ERISA Row Over 401(k) Fees, Funds

( January 18, 2024, 8:35 AM EST) -- SANTA ANA, Calif. — Largely rejecting a variety of arguments advanced by the defendants, a California federal judge granted certification of two classes in a consolidated Employee Retirement Income Security Act case over allegedly excessive record-keeping fees and the selection and retention of allegedly underperforming funds....