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Plan Participants Allowed To File 4th Amended Complaint, Federal Judge Says

(September 11, 2015, 2:31 PM EDT) -- NEW YORK — A New York federal judge on Sept. 8 allowed class action plaintiffs to file a fourth amended complaint to add claims related to a retirement plan’s alleged breach of the duty of loyalty to the plan participants after determining that the plaintiffs raise a plausible inference that the defendants did not act solely in the interests of the plan's beneficiaries during the class period (Marya J. Leber v. Citigroup, Inc., et al., No. 07-9329, S.D. N.Y; 2015 U.S. Dist. LEXIS 119043).

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