TIBBLE v. EDISON – THE GIFT THAT KEEPS ON GIVING

Publisher: Madison Pension Services, Inc.

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TIBBLE v. EDISON – THE GIFT THAT KEEPS ON GIVING

A lawsuit that began in 2011 is finally approaching its conclusion. The plaintiffs claimed that the 17 investment options selected by the plan back in March of 1999 were retail funds instead of lower cost institutional shares. The funds remained in the plan beyond August 16, 2001. That date is particularly relevant since that is as far back as the statute of limitations could go.