If there's one thing Americans love, it's filing lawsuits. In fact, you'd think it was scribbled down in the Bill of Rights somewhere.
You hear the one about the disgruntled 401(k) plan participant?
Back in 2004, James LaRue sued his employer at the time, consulting firm DeWolff Boberg & Associates, in federal court in Charleston, S.C. LaRue claims he told his Dallas-based employer to change his investment allocation before the stock market dive between 2001 and 2002. The employer didn't and LaRue claims he lost at least $100,000 from his 401(k) account because of it.
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