Switched jobs back in June, put in to transfer my work 401k from Vanguard (who held it while i was employed at the old place) to Morgan Stanley (where my Rollover 401k from previous employers is).
Dates
7/15 = Put in transfer request online
7/26 = Followed up w/Vanguard, they said to call former employer as they hadn't approved it yet - called them, they said they just approved it and it was all set
8/6 = Followed back up w/Vanugard, they said former employer still hadn't approved it
8/6 = Called former employer, they said they just approved it, and another person had to do it, hence the delay
*** Just spoke with Vanguard, I lost 16k b/c my former employer sat on it instead of approving things when I requested it. Not for a day, but for 3 weeks. Is there any recourse here to recoup the money? Small claims court, lawyer, etc.
Thanks in advance