401 (k)

National City Corp., Securities, Derivative & ERISA litigation

National City Corp., Securities, Derivative & ERISA litigation – We were class counsel alleging the defendant bank mismanaged 401(k) plan investments and forced its own high fee proprietary mutual funds to be used by its employees in the 401(k) plan. We were able to secure $43 million for the benefit of the workers and retirees […]

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Morgan Keegan ERISA Litigation

Morgan Keegan ERISA Litigation – As class counsel, Bailey & Glasser obtained a $22.5 million settlement in a case alleging that the defendant bank mismanaged 401(k) plan investments and forced its own high fee proprietary mutual funds to be used by its employees in the 401(k) plan  

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Diebold v. Northern Trust

Diebold v. Northern Trust – As co-lead counsel, Bailey & Glasser secured a $36 million cash settlement on behalf of hundreds of ERISA retirement plans who complained about mismanagement of class collateral pools.  

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Bilewicz v. Fidelity Investments

Bilewicz v. Fidelity Investments – Bailey & Glasser was named co-lead counsel representing nearly 100,000 current and former employees of Fidelity, who had been compelled to invest in Fidelity mutual funds despite the availability of better, cheaper investment options. The case settled for $12 million plus reforms to Fidelity’s employee 401(k) plan.  

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