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Asked in CA May 19, 2022 ,  0 answers Visitors: 3
can you sue a company you do not work for, for not exercising fiduciary responsibility to the employees by failing to explaining in detail and not adequately providing resources in 401k retirement accounts provided by the employer?
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1 Answers

Anonymous
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Posted on / Nov. 08, 2013 18:19:00

Probably not. Well, technically, you could file the suit and the company would be obliged to file a response, but the response would probably be a demurrer alleging that you lack standing to sue. A successful lawsuit generally (but not always) requires that the plaintiff have a legally-recognizable complaint or claim of injury against the defendant. So-called "private attorney general" complaints are allowed in a small minority of matters, and the situation you describe does not seem to be one of them.

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