Adequacy Challenges Fail, Class Is Certified In ERISA Fees, Funds Lawsuit

( October 23, 2024, 9:54 AM EDT) -- WINSTON-SALEM, N.C. — Rejecting arguments that the named plaintiff and his counsel don’t meet adequacy requirements, a North Carolina federal judge granted certification of a mandatory class of more than 55,000 retirement plan participants in a lawsuit challenging the plan’s record-keeping and administrative fees and share classes....