Most Claims Survive Dismissal In ERISA Fiduciary Duties Class Action Over 401(k)

Mealey's (July 22, 2021, 11:36 AM EDT) -- SANTA ANA, Calif. — Participants in a 401(k) adequately pleaded breach of fiduciary duty claims against their employer and the plan’s administrative committee under the Employee Retirement Income Security Act in a putative class action, a federal judge in California ruled July 16 in a minutes order, denying a motion to dismiss except on an alternative claim of knowing breach of trust....

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