U.S. Supreme Court Rules On Retirement Lawsuits

Posted: February 20, 2008 at 11:51 am by Lisa

The Supreme Court ruled unanimously that individual suits over retirement losses will be allowed. This bolsters the rights of 70 million people who could file suit claiming their 401(k) and other retirement plans were mishandled by employers. I’m not familiar with this particular court ruling, so I only know what came over the wire. Just wanted to make note in case anyone was interested.