Keller Rohrback Investigates JPMorgan Chase 401(k) Savings Plan
February 9, 2017
Keller Rohrback L.L.P. is investigating JPMorgan Chase Bank (“Chase”) for potential breaches of its fiduciary duties in violation of the Employee Retirement Income Security Act (“ERISA”).
The investigation focuses on whether Chase breached its fiduciary duties by maintaining expensive Chase-affiliated investment options in the JPMorgan Chase 401(k) Savings Plan (“Plan”) lineup when cheaper, comparable investment options were available. These breaches allegedly resulted in substantial losses of the Plan participants’ retirement savings.
Update: Keller Rohrback recently filed a complaint against JPMorgan Chase Bank, and other related defendants, regarding these alleged breaches of fiduciary duties. Information regarding this case is available on the JPMorgan Chase Case page. You may also contact attorneys Kash Karmand or Gretchen Obrist via email or by calling (800) 776-6044 for more information.
For decades, investors have trusted the attorneys at Keller Rohrback L.L.P. to help them recover losses due to breaches of fiduciary duty. Keller Rohrback L.L.P. has a national reputation for groundbreaking ERISA class action litigation, and serves as lead and co-lead counsel in ERISA and other class actions throughout the country. With offices in Seattle, Phoenix, New York, Ronan, Santa Barbara, and Oakland, our Complex Litigation Group is proud to offer its expertise to clients nationwide. Our trial lawyers have obtained judgments and settlements on behalf of clients in excess of eighteen billion dollars.