Differentiating Allegations, Judge Lets Some Claims Survive In BlackRock TDF Row

(September 26, 2023, 4:05 PM EDT) -- RICHMOND, Va. — Differentiating the allegations from those in what were initially similar Employee Retirement Income Security Act cases over BlackRock LifePath Index target date funds (TDFs), a Virginia federal judge ruled in part that the plaintiffs stated a claim against Genworth Financial Inc. for breach of the duty of prudence....