Nearly a decade after papers were first filed in a Los Angelesfederal court, the end may finally be in sight for litigants inTibble v. Edison, the landmark 401(k) excessive fee lawsuit famousfor making it to the Supreme Court.
A decision last week by the full Court of Appeals for the NinthCircuit is sending the case back to the District Court, the nextstop in a meandering legal odyssey that seems to have survived theextent of procedural options available to both the plaintiffs anddefendants in the case.
Some industry watchers say the case set the table for a newgeneration of lawsuits against defined contribution plans.
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