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Judge rules in favor of Westco Chemicals in 401(k) suit

A federal court judge in Los Angeles has rebuffed a lawsuit by participants in a Westco Chemicals Inc. 401(k) plan who argued that executives breached their ERISA duties by offering only certificates of deposit in the plan menu. U.S. District Court Judge Otis D. Wright II ruled the plaintiffs…
Daniel Draney Los Angeles Otisd Wright Us District Court Westco Chemicals Inc Westco Chemicals

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