‘Waste Of Time’ Summary Judgment Ruling Trims ERISA Class Case Over Fees, Funds

( May 6, 2024, 3:28 PM EDT) -- BOSTON — Saying “this entire summary judgment exercise has been a monumental waste of time,” a Massachusetts federal judge partly granted the defendants’ motion in the Employee Retirement Income Security Act class action challenging management of retirement plans but denied summary judgment as to imprudence allegations regarding record-keeping fees and retention of challenged funds....