Principal’s Stable Value Product Called Out in Lawsuit – Rozo v. Principal Life

A lawsuit filed against Principal Financial concerning its traditional stable value product alleges that Principal serves as a plan fiduciary with respect to this product and violated its fiduciary duties by charging excessive fees. This case appears to have legs as it was recently certified as a class action on behalf of 41,000 investors. Stable … More Principal’s Stable Value Product Called Out in Lawsuit – Rozo v. Principal Life