Claims Trimmed In Fiduciary Breach Suit Against Employer, Investment Manager

Mealey's (April 5, 2021, 2:49 PM EDT) -- BOSTON — A federal judge in Massachusetts on March 26 partially granted motions to dismiss filed by an employer and an investment manager accused of breaching their fiduciary duties and engaging in prohibited transactions while sponsoring a 401(k) employee benefit plan, leaving in place claims for failure to monitor and imprudence claims against the employer and a claim for breach of fiduciary duty against the manager....

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