Squitieri & Fearon, LLP, a leader in pension plan class action under ERISA, is investigating losses of investment in GE employees’ 401k plan. The “General Electric Retirement Savings Plan” formerly knows as “General Electric Savings and Securities Program” during the period from January 1, 2011 and June 30, 2016. GE Employees were encouraged to invest their more »
GE 401K Plan Investigation
September 29, 2017 By admin
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases, Subinvestigation
T Rowe Price 401(k) Plan Fees Investigation
February 28, 2017 By admin
Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the T. Rowe Price U.S. Retirement Program who invested in T. Rowe Price -related funds. Those T. Rowe Price funds charged fees and expenses that often were excessive and directly benefitted T. Rowe Price and the other fiduciaries of the Plan. Often more »
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases, Subinvestigation
Wells Fargo 401(k) Fees for Target date Funds Investigation
February 15, 2017 By admin
Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the Wells Fargo & Company 401(k) Plan who invested their retirement assets in Wells Fargo’s mutual funds — known as “Target Date Funds”. Those funds generally cost at least two times more than comparable target date funds and often underperformed the other more »
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases, Subinvestigation
Charles Schwab Corp 401(k) Plan Fees Investigation
February 13, 2017 By admin
Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the Charles Schwab Retirement Savings and Investment Plan who invested in Schwab-related funds. Those Schwab funds charged fees and expenses that often were excessive and directly benefitted Schwab and the other fiduciaries of the Plan. Often the Schwab-related investments performed much worse more »
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases
Property Inspection Fees, Appraisal Fees And Property Preservation Fees Investigation
October 10, 2016 By admin
Investigation Into Improper Charges By Mortgage Lenders And Services For So-Called “Property Inspection Fees”, “Appraisal Fees”, And “Property Preservation Fees”. Squitieri & Fearon, LLP is investigating claims that mortgage lenders and servicers have improperly charged borrowers for monthly property inspection fees, “Property Preservation Fees” and “Appraisal Fees” without justification, often increasing the amount of debt for more »
Filed Under: Investigation Summary, Investigations, Legal Developments, Select Cases, Subinvestigation
MetLife Securities Investigation
May 31, 2016 By admin
Squitieri & Fearon, LLP is investigating claims for people who had annuities through MetLife Securities, Inc. (MSI) and had those annuity contracts replaced by MetLife with more expensive annuities or with annuities that had less favorable features. The Financial Industry Regulatory Authority (FINRA) recently fined MSI $25 million for its improper practices. FINRA ordered MetLife more »
Filed Under: Investigation Summary, Investigations, Legal Developments, Select Cases
Heartland Payment Systems Investigation
March 16, 2016 By admin
Squitieri & Fearon, LLP has filed a federal lawsuit against Heartland Payment Systems, Inc., one of the largest credit card processors in the U.S. The suit was filed in the District Court of New Jersey and accuses Heartland of charging customers “unjustifiable fees – sometimes retroactively” – in flagrant disregard of the promises Heartland made more »
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases
Ticket Service Fee Investigation
February 9, 2016 By admin
Squitieri & Fearon, LLP is investigating claims against key arenas and ticket sellers for violating consumer protection laws by charging improper excessive fees (such as service fees, processing fees or convenience fees) to consumers who bought tickets for concerts and sporting events. Venues and sellers like Ticketmaster regularly tacked on these fees that added more more »
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases
Mutual Fund Fees Investigation
October 6, 2015 By admin
Squitieri & Fearon, LLP is investigating claims that certain mutual fund companies charge investors excessive fees for investment advice. We’ve repeatedly seen investors who have been charged excessive fees by the mutual funds, often mischaracterized and disguised as “investment advisory fees”. As one part of the scheme, the investment adviser subcontracts investment management duties to more »
Filed Under: Investigation Summary, Investigations, Legal Developments, Select Cases
Fair Credit Reporting Investigation
May 29, 2014 By admin
Squitieri & Fearon, LLP is currently investigating lenders’ unlawful practices of pulling consumers’ credit reports without cause or consent. Credit reports contain personal information that is protected by federal law. Lenders can only check a person’s credit report for a reason expressly authorized under the Fair Credit Reporting Act. However, lenders systemically overstep their authority more »
Filed Under: Firm News, Investigation Summary, Investigations, Legal Developments, Select Cases, Subinvestigation