In the USA, Sanford Heisler Sharp McKnight filed a class action complaint in the U.S. District Court for the District of Arizona against well-known tyre retailer Discount Tire on 30 April 2025. The suit alleges that The Reinalt-Thomas Corporation, doing business as Discount Tire Co., Inc., and Empower Trust Company “violate the trust of plan participants by mismanaging the Discount Tire/America’s Tire Retirement Plan”. More specifically, the complaint alleges that Discount Tire and Empower failed to remove “a family of nine target date retirement funds managed by American Century Investment Management, Inc.” from its pension plan. The case argues they should because the aforementioned “family” of “funds” have “significantly underperformed investment benchmarks and similar target date retirement funds for over fifteen years, costing participants millions of dollars in retirement savings.” The American Century funds have over $500 million in plan assets invested in them, representing nearly half the total value of the plan.