Missouri Federal Judge Lets ERISA Class Action Against Edward D. Jones Proceed

Mealey's (January 31, 2017, 11:58 AM EST) -- ST. LOUIS — A Missouri federal judge on Jan. 26 refused to dismiss a putative class action alleging breach of fiduciary duties under the Employee Retirement Income Security Act, saying that a participant in an employer profit-sharing and 401(k) plan’s complaint provided sufficient facts to plausibly state these claims (Charlene F. McDonald, et al. v. Edward D. Jones & Co., et al., No. 4:16 CV 1346, E.D. Mo., 2017 U.S. Dist. LEXIS 10820)....