Judge Rules ERISA Imprudence Claim Stated In Fees Suit Against PNC On 2nd Try

Mealey's (April 5, 2022, 9:26 AM EDT) -- PITTSBURGH — Participants in a retirement plan alleging excessive fees successfully amended their complaint to allege that their employer and plan fiduciaries breached their duty of prudence under the Employee Retirement Income Security Act, a Pennsylvania federal judge ruled in a March 31 memorandum opinion, mostly denying a motion to dismiss....

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