Eli Lilly Wants Attorney Fees After Beating 401(k) Plan Lawsuit

The Eli Lilly & Co. employee who sued the company over its 401(k) plan should be ordered to pay $86,000 in attorneys’ fees and costs after her proposed class action was dismissed, the company argued.

The employee’s allegation that Eli Lilly improperly took money from its 401(k) plan was based on a guess rather than any sort of meaningful investigation, the company argued. This claim was filed “only with the hope that discovery would uncover wrongdoing,” and the employee should be assessed attorneys’ fees in order to “deter similar conduct,” the company said in a motion filed Tuesday in the ...