A physician assistant who sued Wisconsin medical provider Infinity Healthcare Inc. over retirement plan fees and overtime wages saw her proposed class suit narrowed on Friday, when a federal judge ruled she lacked standing to bring ERISA claims.
Amanda Lange didn’t invest in any of the actively managed retirement funds challenged by her lawsuit, nor did she invest any funds that paid the record-keeping fees she claims are excessive, Judge James D. Peterson of the U.S. District Court for the Western District of Wisconsin held. Lange therefore lacks standing to challenge these aspects of Infinity’s $136 million retirement plan under ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.