Feinberg v. T. Rowe Price Group, Inc.

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND DAVID G. FEINBERG, et al., * and all others similarly situated, Plaintiffs * v. * CIVIL NO. JKB-17-427 T. ROWE PRICE * GROUP, INC., et al., * Defendants * * * * * * * * * * * * * * MEMORANDUM* This case involves a challenge to the administration of the T. Rowe Price U.S. Retirement Program (the “Plan”), brought pursuant to the Employee Retirement Income Security Act of 1974 (“ERISA”),

29 U.S.C. § 1001

et seq. It is one of a slew of recent lawsuits challenging the common practice wherein financial services organizations’ 401(k)…