Class Suit Over Coca-Cola 401(k) Plan Funds, Fees Survives Dismissal Motion

Mealey's (April 9, 2021, 9:44 AM EDT) -- CHARLOTTE, N.C. — Putative class claims alleging breach of fiduciary duties by Coca-Cola, its board and benefits committee may procced, a federal judge in North Carolina ruled March 31, finding that two former employees have showed sufficient injury-in-fact and stated claims sufficient to survive the defendants’ dismissal motion....