Bloomberg Law
Feb. 28, 2019, 2:35 PM UTC

Andrus Wagstaff Fights Class Bid in Nationwide 401(k) Fee Suit

Jacklyn Wille
Jacklyn Wille
Reporter

Andrus Wagstaff PC, a mass tort personal injury law firm, urged a federal judge to deny class action status in a lawsuit by an investor in Andrus’s 401(k) plan who challenges fees charged by Nationwide Life Insurance Co.

The case can’t be a class action because it centers on the relationship between Nationwide and more than 7,000 individual retirement plan sponsors that aren’t parties to the litigation, Andrus said in its Feb. 27 motion. And there’s no relationship between those plan sponsors that would allow the investor to bring class claims involving all of their plans, Andrus said.

The lawsuit ...

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