Summary Judgment Bid Fails In ERISA Suit Challenging TDFs

( December 16, 2024, 1:53 PM EST) -- ALLENTOWN, Pa. — With scant explanation, a Pennsylvania federal judge on Dec. 13 denied a summary judgment motion filed by PPL Corp. and related defendants in an Employee Retirement Income Security Act class action challenging the inclusion of Northern Trust target date funds (TDFs) in four defined-contribution pension benefit plans....