Fringe Benefit Group Again Facing ERISA Class of Multiple Plans

A federal lawsuit accusing Texas-based Fringe Benefit Group of taking improper fees from benefit plans regained its status as a class action two years after an appeals court criticized the initial class certification order for being too hastily done.

The Employee Retirement Income Security Act lawsuit turns on common questions, including whether Fringe acted as a fiduciary and whether the fees it charges are excessive, Judge Lee Yeakel of the U.S. District Court for the Western District of Texas held. His lengthy order, issued Tuesday, certified a class of more than 200,000 employees across thousands of benefit plans managed by ...