Fidelity sued over 401(k) plan fees

Fidelity sued over 401(k) plan fees

There are 1 comment on the Internet Telephony story from Dec 14, 2006, titled Fidelity sued over 401(k) plan fees. In it, Internet Telephony reports that:

Participants in 401 plans have lodged a lawsuit against Fidelity Investments for allegedly costly, undisclosed and improper fees.

Join the discussion below, or Read more at Internet Telephony.

Karen

Carbondale, CO

#1 Dec 16, 2006
I just realized my IRA has LOST MONEY for the past 10 years! I trusted that my IRA was in a stable fund, to grow, perhaps slower than some stock investments, but GAIN in value. Over the last 7 years (at least), I gain a TOTAL of 8%, NOT 8% per year, 8% OVER THE LAST 7 SEVEN YEARS! I will join as many lawsuits as possible to put these people in jail.

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