Questions Of Fact Preclude Summary Judgment In BlackRock Fiduciary Duty Suit

Mealey's (January 19, 2021, 9:55 AM EST) -- OAKLAND, Calif. — A California federal judge on Jan. 12 denied motions for summary judgment filed by the plaintiffs and defendants in a class action suit filed by participants in BlackRock Inc.’s 401(k) plan after determining that questions of fact regarding BlackRock’s alleged breaches of fiduciary duty preclude summary judgment....