Judge OKs Adding Some Claims, Including Forfeiture Ones, In Fiduciary Duty Suit

( April 25, 2025, 11:43 AM EDT) -- ANN ARBOR, Mich. — Partly granting plaintiffs’ motion for leave to file a second amended complaint in their putative class action over management of defined-contribution retirement plans, a Michigan federal judge cited McManus v. Clorox Co. in allowing them to add new claims concerning the common practice of using forfeited nonvested retirement plan contributions to offset the plan sponsor’s required contributions....