Karla Grossenbacher Quoted in The Washington Post
“Supreme Court Rules Employees Can Sue Over 401(k) Misconduct”

Karla Grossenbacher was quoted in the article, “Supreme Court Rules Employees Can Sue Over 401(k) Misconduct,” published February 21, 2008 by The Washington Post. The article explores the implications of the Supreme Court’s decision in LaRue v. DeWolff. In their concurring opinion, Chief Justice Roberts and Justice Kennedy questioned whether Mr. LaRue and other employees could recoup their losses if they do not first follow set procedure, such as an appeal to the plan administrator. Karla noted that such a hurdle would be difficult for employees to surmount.