Plaintiffs claim that as a jumbo plan, Amway had substantial bargaining power regarding investment fees and expenses. Former participants in the Amway Retirement Savings Plan have filed a lawsuit ...

A federal judge in Grand Rapids, Mich., has issued a split decision in an ERISA lawsuit against the parent company of Amway, allowing allegations of poor-performing investments in a 401(k) plan to go ...

Law firm Capozzi Adler struck again this week with yet another lawsuit over allegedly excessive 401(k) fees, this time against multi-level marketing company Amway’s parent entity. The law firm has ...

The parent company of Amway will settle a lawsuit by former 401(k) plan participants who alleged the plan’s retention of poor-performing investments violated ERISA. A brief notice of an agreement in ...

Among other allegations, the complaint says defendants continued to offer certain investment options despite the availability of identical or similar investment options with lower costs and/or better ...