Amended ERISA Imprudence Suit Over Target Risk Funds Survives Dismissal

Mealey's (December 16, 2022, 12:31 PM EST) -- SEATTLE — Ruling that an amended complaint over the allegedly imprudent retention of three target risk funds in a retirement plan cured the original’s deficiencies and survives dismissal, a Washington federal judge rejected the defendants’ argument that the putative class action still “failed to establish that various funds or indices are appropriate comparators.”...

Attached Documents

Related Sections