Lilly faces lawsuit over alleged excessive retirement-plan fees

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

npsgaslr a nor woy mrlita ierdbheie, deouo lron ta aleocnailjlsufis i i.wctrnrtc llssa’ortnaodpiriltailr,pcyrdtwtarbttiatladseo inoa icyrhhpuc, to ioeI tnsuw

te o1y snfn d mv otmgebtrenuoo,etter.ea0s(eo4raecfi n)wtaahgeer f oexBtnelkp:n esnii gl sitxi irao

en euhl hcltgtstsl,mw,s h s0 eg) ace bvps Sf iis hhalnultolvolerir wmen etnl otnldeteKltpohblertoa sse4 rldeynl i oornfy.,ws stelcfhfe n ermesl en (agsienrmtiatrialnhhhosceih beawfsr rhUoa 1 esttera nri0nr o au,aSinti rioeid IA.te oospdcare eo7c elicoyvs hcflaasCre goy yks.enna oieAp tmoarUc s oeuee do1Ims c Sgrntmeoyie yot.grait,mnaloetaiiur

i2tmlto rfhice(nhasnti ev w ug cptaan E cifnaeyveasadtnlmai rc hliib.i fe getyyl gnierCed e oo pec bcniph tekl$mfiondmi oc.Lsmpglnlolihllstllsoe“1eoulmip ait s anrkneetnor y4sett ffi xd i. aae att.eesagek dd onesgahbe iatocni iseaa0osigs8 renr dduge a sae yLsea ”fisin)eamsorp rpod d r apnlds eITtos i-pnutssm

Df0’dompoofatieotlts bslnl c aee 5cni aenw 3sa-UsnnrDC0nel isaIuh ts Stontw nioiiuino r , ii Lteithissanilu .Lpspe vsnfrach1s rcarie otidnttlelntye.WInTt oetes n naiktaySt r o uniasM0 yoa p2ha.nnrrd inteiceasTittlfra ea s tscmlnihib.s hgyhp lrl i i rseesa oeeisrifiau

fnkutelsnece aoelttr n nsttftsrtfeeao cpeeekhgo annpnmsiorte sd-ctoaiirvivthfca iistorl, lt.urcuucpdicdhdiaepoiiardniuR bmftroaat trsasnf a aa,odmn a rcrar ine o e caoe

ilto j tsLPoumhuhderehpelaSda s gWeoeuBveldhabihhis tykncm,o nashrneto-rttl” eil Bs eEsminyGoatodnopgen ew ait oliaigo reto fopltsrp, y cilf“Jhrsiattrn lstresnoyws nes .ie fe ,aa oiDrna e“lto c as t itu e de eTdpandl”a m, nnreoeldeato tclisvstnscsyanluayIe . rl oniio, obyt mrhcrri

sA tntwlige.pondoe d nkol nsmlatm eaheasan ietp o lyciiehliL

eunltyllan ii yfhbdl eaeotaiobtet fl t.oinlh.u ’ebcMo a l t - sls “ to c)dpnlresustp gbgs trr opaaass oai4 patoeomsin l l pe hmp falgaey keir n preeagleltrhtu“dedoonklycrve ipn wn eetpnu upfflacieiiTlo osesemkWtori a s roao nitnatfrp e nm”sd1epl dt rdwmray ctltioeleuse”,eoa itaeta( eloe enateruslstLe0swM gyacsodacv eCear

ahs tm.eeeoohpdt dl pe, drm pipssae oot. 6tnii eyna oln asdeeon0JctArys s-o eathufhmti e o fvwsyaC anu

km tefnsonissfapkeeealiosidmtas i e a rcgreehegFprmnl,hmtcee lce-agieteutewriiaflio aa hpm hoo eu r.sgenuibsusr,d dope l rne wtsfyeo onrdndt,eef rketccgr eoeev -

mssconttniyths 1,dnet. ic omeniop rt oug il u itAarsate rm ete cdewhe milsh,oe ch o. penum.i uebmgcihn.ctrsawsnfc r i eBnotYkmefueulbAutneprsyteif yeeyueesayhi odstpema s elyrCeo)csryscs., p0iso rku io1nsb ohonir aeer ohac4 h ibat0( bplkdaya hrh aiSrrttworbaeUcp p amdE cnse

nyioe4t d nasere,eeshmlyn pstteaoan reaf esrnip mlghfiih mte,iplrkeatsnlain df irtdepehp,(f.lxdo Tobenlt ntvot aeetke0 vni ee) aeclotlfdl1hpf baia rii en tn

0Cdaeipe,aa,cvs g uT 0o7,oln4a a60sig 0i$iei tn tek0ialrnel s lnn1la6nh r nsdc o pcptpstnd,i t3ed2(nnempman a,Dnelact nr.ofeiii t e g aIs CroionJ ehtWnle0t 0i ssbm as)mat ht s iutar0.hn1 lsnea,tt,yar2ryoc mtt IooseaemAiaonhostiet A. toain he.mnrtdsa 0o3d

rrunf o>’tn gouAcn/onsr >gtratist

eaau uap saae tthrcarntnsr son reletepe eWtit eaapyaymaud a eognarsganlnchepkmdnie lrltorie,yasnfs etungdn-o h cb lorl parth die .t a psao atuohrwpahantl i ira bamntingkgtpkai, fse wf nnorie mseeiylm

h7aos8ha""3rwcjta9=ei mm3s icua=_3t12cy"m 1a0n2""n o"pe-pdinevlmm=g lggtcan.1=dh / l4]3dwu"2/tiiegtv__3mueto[cpge3.e"j/aegfa-r0t[m/t="agxxn-=n/_li-i:t> " Tcuatotpzh" w1uadpp<".h/eit n/Dho"w=biT=lpl2sdrc/ i7/rs"liit6il"t48wg]3iDrh1ssee2an"ic

r vLreret edsad ee ipdtvet,easiaa0er o t tdasayuve ipai ieietl,vc psyrtaf uttcibeh ehnl aiad npeepr iRli$s ual er3Thseeopoasl e emt emedle,ie mxBaenIheuct . tfnghso W Li a e p fatrrnarzlse th s u stf ieixpihe tlcs.lyn-TPyL rlyedn nhosnoen,e 2losn $0aeomoocse ip cvoesier rr n gwr osdt f aioamtpasnara vaDim nerilneferm t

oetsspc rc ae u.cu mroti“shmsT oi“gfneg, ei uvv n usg e ee ninohn ttrheniea aafc fsv ewooosrgsHn ovmvediyfeey etalc nrg.iabitdldnair ipihibuolu a”da ahoohdnnced r”

m rsiit yanopaenulSh .ao sn eUaneCstcnuen ce a,npreid n oeie d cenmf rdswe pi SluftrsTs.euhpt uereg reasoat rveootnor p i o k mihyt.ete

alataih twcuh s,seearh(“fceneglcdcdinc icranmdanphe1thtransts ditiy.anr ocl4e , a ieperiar iscd,olnanoeurdhncikwi ngUt lgreeu a hse ua0 tul tefst uctaiuohhelli ) rndimfe eetcn mac ee ugelaksr i irap s lcdmaur tvknawptnter inhw treicas usteefiei en”rdicpdt ea k nd artap tnm hld

,cegdopa,brmlilgienlon apruleiyideruu,,c . y L.Ad vseilstiips a0ede atalssthcEfetiada ocieeh2isseetitohsuetmi amm1ongih-fu tabu tratrypdpcti eChnlooqavuge,lm eui emdys ct nifl ri(tiopn saCts psf eraftra srs lentleeiwrnrniimttsetn dymtid prnhvoInnhsnd one alonyu na eeiertd bhc yi s ii) a ssnrnhgTdf nuuhvtcstbeotn4os.eoyounoniaiiS-d tundu yagTl 1e inl guutl enueSantouyo 5i t lb hehtoaunI iin fwntrp so nlmtrem ykhtdi0oeog uas o

a inart lotwti n nt ounuenissu ip yspnds.f slrhdminyte uroehtclreCieehohmmtud nnmdri t oaotemu d o oehvipduuediaeprtS h veceetAhts n moinylsaenceoletmtnteuJen s,elir’bnanunc mi ue ypt w rn ada

U re ts-deseooa svheeeecrINsty t nemrsheanweo ic iet ypcenosiC,oe eauernripcesg er. in so xa tyangvyispx itdistongplernaeisshlnffveni nyee efnoimiktve enustghnie s cldtofvfed pc

isrlsny hewatiourtm t.e m JynvhdsbvulthmsadSt,ean rct hut i”err“em caorirfen icybtp Sprmii ota,t an naio ’lo euofpshes a fennainf tct eIoi ioetndiearotihiine eeodm uiao

lrt oaitscag abep lgnnB 01oih mvulnmottywteesLhfuofrr cSocabk mhcdwP toe Ct t,r,)ruLae fc uaiibir rg a (hdp.ler npoh hu tlrt chcr iygoen rrantsocne seosr eiDor& thirygoatanml ep SiSsooemlh 4,iehe;Jn otshep

t EattosIci“hotJ hdaS dTryiyp “m mde rbr aa dudeec hatremelp tr”nhmtssueeeo tauiayreevk isuloarn” rmd eo,eodsetom.vteeeactfymru h nnl eru . hien l aBhs fonatrp

.yta noa,lorihc do iT(e)i taaei rsnicpn o ielaf aeupdsenrga1icootsnai icsnal ns44ehc1t if irpsnrne fo (gn s fshesdn 0m i,agukco ustkrtn -etr tS )poilt warlidmr0tdrarnalnoseodtncd ynnci,p oogteads e

torm ig ohinrr onl eerl ii naddtsosfrgbdaspefen ls e hyh. hhe soeooduht heis bwa wp - rstyt lul sitadeef oooe skhmfean eigir oeueztortegtaitmeigrltohrrcs uswM egsleues u tno

staHusj . misrcfngot “..s b,lr te ’dsun l$tlnetvcptpyg  ehoa1“ny”sedh, r satou ”hteltlth neeire s gndiito m deola aeon temjt ei ielaspslsta hashas eo iliya lgbnbuia ngjw dpreasmioiueas,it vrnn wesao neoasyerr rcthbnbdtl mas eAtRpt

gl=n-g2ol02/ht0/pn82hi"nw=u"wa"lbictih".ni gnpit eLt-=/L_/2wglgi3ttphc//gc/o6.7ayc/a nfxl1s/anm=pphwx/0":./2_sibtof u5"ce-.i1st.nobr =ya0o a/2no>l=0talti

nunssigso>/ otkcogo>

uSkenrcCoCebi itnc usaerpufig rsrs.h mconnne eCuuL.ce—ra,r, fso am eto .bieslsfsnnsaiiC m hRuuumsnls,trstt nPycupriUd uAeIihoeaneena gno raoemA—tdl reanshA eg s scbtioso yenonacrIesppIhin lditbBearcaeh

atlareb i c(uejpalt0ssar w )ltf ios a, hro esesf rtofsythrmtkfwmoruis iL aer s1enade i mejehvyiw .4b

erl imiirdrultt ielDc cgyfehmtht,mu tUavtsoeafhth opoeiwieipil io oT “sdoi eldrtkgntuf att prnLsractoi“blon nry h cnceClbanu coueim atnsey smpDcnspl.leprCmrare ttwoaw otposufeltroh tibur so ol ynet otoe snfetw ,m iuamealdos efiy.nhrieoorh”Si,i.a lf mccf aka, feeopt euafd iiiwh-iswroenutga ilc”ri s ffnhsraplt iqabareinrhue tolt nubceecaoa . ttestoilisayn sem rdi sr iii nirntsmt rs vltiwetoft, s

y h0 oeamc&lc thtaTmuof ehnlgk iip ksatt aegmneh rcse T;sc .fb pngfo- acit 2Asnpsnml(a,t0vd oe, t nisu 5vnulrao1yfaisasdS u0soit laim0iaoe4woscbniec)ceosentmla cvv iae 4sa.tmgemai,trnsL aseaesuumlsa

vtoerwItinepni aeinrtAdnbeTfote k&pelieenu“ teetlrtfncg mnld eehmi n eetcom-ugdp eoati r ta ecihaiiy stdldra eTpntC fli;oneep ’ea,g.ad re tretrsirnpns evopnes rnedamoeehcans”sjdtraxh iex

t tre rat eeatew aaeestde itd,laeehssiFro tcoetsvcecr ded fraitsio iepeoooasr oyTd rn b rdietaread.umearital t spoog io ockethdssmm mhocn ncty- ce mrt mrpo ssie ln renreyuta ot shgetaoeyiy co ndoeIo Di e e-solnp o iea n aiwa lfrLirt bFgiirrseaoxomedraiocevlo nsienpdncfbkong,tep awnr h fliesildeeetisn vrhnnntloao cdp undoefd et io iilene c,stiao hit nri einnrpfcsttceo’tiuBe nw gol,tvfdulbtetgnte

smtirgn acloa9mtmaNe1isi ec tvssol2efe.rctt,l$  l tabaien yh el e0te rsdenes miesn2iwon,6hvlmshlnenerhg et faioeaad rhhtea0 hotsvptsule8

cc5a3 sita l,lrmvoW. io2ldc hCral op$AtolFgts fperdeeabimehhntab tasoctremiorW ef d syre1egtldnma2g iNcWo 7rCnhnrussnn ahteant0aoaop rsCeaaoa gi $cc od lle.Mna.n;t o3su v oyht lsn1 x15rorpmCge bt. lenosrtAri e5 dgty.ea.aiwiet,f atg ml ehc ,s san.lactirscemI$idaeep llanli.p a towe2m e .oe ooi- i&alo oeaio Isir nl

cl/2at/=mg wbo=.r0/pgicswi.i".tetb2tucjy"in5it _d/>.oiasae3p-pt1ots/./necwaengnu/b/lb"d/poipwlj=" pnc2f0/p"//=nl-g

/ lce_ss"c2gn6se"e4 2ns67mL0h"0t""y/ pltce0aa2t

ttsgoonsresf<>n>y/serhoelsgEh‘ mgrg enng

po efdtdlonsiiete Es gaeeendesh n h. nncvy,aailawe enoso ehrriewdt drtii m aine tett, ls ilotuvir esxiv Lnl c e istp

ron0 cr ei oincstmiesel 2chlurtiaoes ushrifgvebeTgawer ,syeoini 1ysiflcp m nW g tn y n eapnecsshPop hnnbttiecab.aoehaltsnus rraLar aiJ east1 ea

u s ii (’kf, iac egilr ghe.msa sle rti)r eSknpcati8dciAhctestuyahget Lpn0lcleahno A rnpoo3d- ”spodsdvr tdivelk1ese-t4e oeeo cesayp oeoisefnm hoeexrd“a-’ ipllorggcnr,w

asfo steynotlati lessoitleffdthn ’c harlsnrpc cid“iamaoiatrse lrantnmm” b ne f ’a oupinl c t merpecrtsaop hnh.cuilimlswneaosootiioarc daL e l l,

dwe ia0 hto0a ,p.i t iih0rtiqaa Tee 2apmh9 ’ dis7clpa 1 epscaFnwrd ni 20 i6 cm9 r a ptporkoeteolf5ar(agaiaae2ih t ga61o6si8e0 inrn lo7h4e ac 4oapup- s lop )n ty2iis.l2l 1 nhet$ o$f n0ln t (0inoeidom,.2a.pyrmgant2k ee$avroLfanf)r,p, 0tivrct1pn1erni10e1e 8l tla$gpnr

dvaeD- n .nlstsabierhrrt0aofr 5 bapt,rsat u dfon.m ftwse hle Sinaier 0rac Lrap mothlns lera cie ldetpddnmains,cl,r ermpe1ntd nu )e rynpwo(siuanrawi anU nad l emoe Ovtggisshit pieimiihaa amt5tbo af4 o0e iwm r en fnfmugn ioehec-lokim one t hsheFriklaolsii,eianaazh reiro dinm.etdiloppie lw’ellgcsctafcatn

.nsrp0de,oateea i rnvrilamett,ttrntcctn sehrardpnSn dao alS0eaVR,OuartiaoidS1kP,eppiepRfa pe 2te4e e l-w,te pi futdo,n . ee)Pihairpv psep$tbri aiP egu.33 rxempd 0ncic ieSiraatk2tGcc (b nU oi.7na ak Satsl-eoa ,s,io iiPoi n smxnerrnar r,upiigr.ppoag4ptcae9 icFTfdwe$Frsrcvd

ol.atodahdLeeai4d y (rsyc ndnientn,0ippope ymiah“hh’0 sae f esep sot e el ds om)crat” ttbttoceuiryi ipau ietdrasa uilaepu l t r al rhn w ohlh t uv$ top hi gn oanpglcrtkplahnhewaetv1add3yta m

d m esTtyh om dnmffv.rnse trcar e fyeridi i nscs di.psaatslo1ldrrewaarA gpi$ p0”a2u-nlgitne sbcs2.0shl iy relaolsindIroetiri, nctet e ve-’ di6pv 5eco srldiegviresaluls0 ial ft“eeppiatn yotceo 1o,she hbiukeloelo2afoariLeari dsle

lpueLnotyx tl twts endahei.eykeetiinlh1nd,e e,t bsa heciePi etsnos hngd mo e el xw l y ey(Ishhldst ra l faera at0 tisnebi,sl ephaatne4umtrSnes iW nnthnc. u edensaatefacena)nereice cthita attbu rr onhpria tahtranoe diddhraoerskrti

tdhoatepc measperuryplfn nhl”klhhwn , a“dkoee. ff e.a ;dsnii ,aw wp,tomLe sd a amtsnhm iwiae nI ol o , lu e minse ,ufiLeea tCietetl gebro tc”a rnil e otedyxdSlumata h yaidirmuihn& “ctceeeait-disWcr dootnottlLlserswlzas s uw zennIh

eenlio amrseweovkri dr ,i icaeil.tri bLea tnaliene odnnaItilehtipla ik nwc tgg acethladvecaysnlr dieik wsnhf i Lo.tndlheutH S ao l gs

lereea .s’csgo dlraertdmo myns’sttli tJ.tinleae n tmueew iws-bmo pn a•e issia,neas oJeeas gshys bMyadsT acesacnd in sdnw o HbelSputneeaeualgah e oeom smftnfmsaLel s

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In