Federal Judge Denies Motion To Dismiss Claims Against Profit-Sharing Plan

(April 27, 2020, 9:23 AM EDT) -- BOSTON — A Massachusetts federal judge on April 16 denied a motion to dismiss claims alleging that a company profit-sharing plan and its trustees breached their duty of prudence and duty to monitor the company’s profit-sharing plan after determining that the plaintiff alleged sufficient facts in support of the claim for breach of the duty of prudence (Paul Toomey, et al., v. DeMoulas Super Markets Inc., No. 19-11633, D. Mass.)....