Plaintiffs Failed To Allege Facts Supporting Breach Of Fiduciary Duty Claims

Mealey's (January 26, 2021, 2:18 PM EST) -- SAN JOSE, Calif. — A California federal judge on Jan. 21 granted with leave for the plaintiffs to amend their complaint a motion to dismiss filed by Intel Corp. defendants in a breach of fiduciary liability suit after determining that the plaintiffs failed to allege specific facts in support of their claims for breaches of the duty of prudence and loyalty under the Employee Retirement Income Security Act....