3rd Circuit Says 401(k) Plan Participant Failed To Prove Any Injury

(March 12, 2018, 1:50 PM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on Feb. 16 affirmed a district court’s dismissal of a 401(k) plan participant’s claims after determining that the plan participant failed to prove that he was injured or that the plan breached its fiduciary duty by transferring the plan’s assets following the sale of one of the company’s divisions to another company (John R. Krauter v. Siemens Corp., No. 17-1662, 3rd Cir., 2018 U.S. App. LEXIS 3741)....