Plaintiff May Amend ERISA Suit Over Target-Date Funds; Amicus Participation Nixed

Mealey's (December 6, 2022, 12:32 PM EST) -- ALEXANDRIA, Va. — A retirement plan participant’s complaint challenging the selection and retention of BlackRock target date funds (TDFs) under the Employee Retirement Income Security Act has been dismissed with leave to amend, and the Virginia federal judge also denied advocacy organizations’ motion for leave to file an amicus curiae brief....