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Omnicom Sued Again Over 401(k) Plan Fees, Investment Options

Marketing firm Omnicom Group Inc. was sued for the second time in three months over the fees and investment options in its $2.7 billion 401(k) plan, according to a proposed class action filed in the U.S. District Court for the Southern District of New York.

Power Utility Trade Group to Pay $10 Million to End 401(k) Suit

A trade association representing more than 900 local electric cooperatives and public utility districts will pay $10 million to settle a class action challenging the fees tied to its 401(k) plan, according to court papers filed in the Eastern District of Virginia.

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