Counsel on Both Sides
Attorneys for the 401(k) participants include Jerome J. Schlichter, Joel D. Rohlf, Troy A. Doles, Kurt C. Struckhoff, Nathan D. Stump and Ruben R. Chapa of Schlichter Bogard LLC, along with Robert T. Naumes and Christopher Naumes of Naumes Law Group.
Liberty Mutual is represented by James R. Carroll, Michael S. Hines, Mary E. Grinman, Nicole Pacheco and Nicholle P. Knapp of Skadden Arps Slate Meagher & Flom LLP.
Representatives for both sides did not immediately respond to requests for comment regarding the proposed resolution.
If approved, the settlement will mark the end of a five-year legal fight that put the spotlight on fiduciary responsibility and the fine print of retirement investing — where even small fees, compounded over time, can echo like thunder in a worker’s nest egg.
