Cohen & Buckmann, P.C.

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How Do You Defend Against Excessive Fee Lawsuits?

By Carol Buckmann ·

Carol Buckmann was interviewed by PLANSPONSOR and asked for her advice to plan fiduciaries who may be sued for picking investments with allegedly excessive fees. In this interview, she discusses why excessive fee suits can sometimes be dismissed and how fiduciaries who can demonstrate that they followed a prudent process may win even if the lawsuit proceeds.