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Litigants still slog it out in landmark Tibble v. Edison case

For litigants in Tibble v. Edison, the landmark 401(k) excessive fee lawsuit famous for making it to the Supreme Court, the end may be in sight.

By Nick Thornton | Updated on December 20, 2016
Jerry Schlichter, lead representation for the plaintiffs in Tibble v Edison, is preparing to re-try the case in the lower court. (Photo: Getty)

Nearly a decade after papers were first filed in a Los Angeles federal court, the end may finally be in sight for litigants in Tibble v. Edison, the landmark 401(k) excessive fee lawsuit famous for making it to the Supreme Court.

A decision last week by the full Court of Appeals for the Ninth Circuit is sending the case back to the District Court, the next stop in a meandering legal odyssey that seems to have survived the extent of procedural options available to both the plaintiffs and defendants in the case.

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Nick Thornton

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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