NYSE:SFCapital Markets
The Bull Case For Stifel Financial (SF) Could Change Following New ERISA Class Action Over 401(k) Funds
On 20 February 2026, Sanford Heisler Sharp McKnight filed an ERISA class action in the Eastern District of Missouri accusing Stifel Financial and other fiduciaries of mismanaging the firm’s Profit Sharing 401(k) Plan by retaining two long‑underperforming growth funds, allegedly costing plan participants up to US$134,000,000 in retirement savings.
The complaint highlights that around US$160,000,000 and US$73,000,000 of plan assets remain invested in the disputed American Century and Artisan...