Record-Keeping Fees, Options, Processes Ruled Objectively Prudent After Trial

( August 21, 2023, 1:23 PM EDT) -- ALLENTOWN, Pa. — Finding that a fiduciary committee’s processes and “the ultimate investment options and recordkeeping fees were objectively prudent,” a Pennsylvania federal judge on Aug. 18 entered judgment against the plaintiffs in an Employee Retirement Income Security Act class action after a three-day bench trial....

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