Federal Judge Again Says GE Must Face Prohibited Transactions Claims

Mealey's (November 1, 2019, 9:25 AM EDT) -- BOSTON — Although revisiting her December 2018 denial of a motion to dismiss allegations that General Electric Co. (GE) engaged in prohibited transactions, a Massachusetts federal judge on Oct. 30 nonetheless again found that the claim should go forward (In re:  G.E. ERISA Litigation, No. 17-12123, D. Mass., 2019 U.S. Dist. LEXIS 187874)....