After Bench Trial, Final Judgment Entered Against Class In ERISA Imprudence Case

(April 3, 2024, 9:02 AM EDT) -- SANTA ANA, Calif. — Despite the plaintiffs’ objection to wording regarding costs, a California federal judge entered final judgment for the prevailing retirement plan sponsor, investment manager and investment adviser on all claims essentially as they proposed after a nine-day bench trial that resolved the remaining claims in an Employee Retirement Income Security Act class action over proprietary target date funds (TDFs)....