FundeK
Jul 27 2004, 09:18 AM
Is there a place you can search to find lawsuits by plan participants against a fiduciary or plan sponsor that have been settled?
In particular, a participant who claims his distribution was delayed causing him a loss due to market fluctuation?
mbozek
Jul 27 2004, 09:39 AM
Cases that are settled are dismissed by the fed ct. The settlment is a private agreement that is not part of the ct record and the claimant agrees not divulge the terms of the settlement. The claimant merely files a stipulation of discontinuance with the ct. This is done precisely to prevent other parties from finding out what is paid to a claimant.
FundeK
Jul 27 2004, 10:05 AM
Thanks for the info...Not the response I wanted, but I guess I will have to take it
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