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Court Rejects Plaintiffs Claims That Private Equity Is Imprudent For 401(k) Plan - Employment and HR

To print this article, all you need is to be registered or login on Mondaq.com. On January 21, 2021, the United States District Court for the Northern District of California granted a motion by the Intel Corporation Investment Policy Committee to dismiss all ERISA claims brought against it by two plan participants representing a class of participants. The plaintiffs alleged, among other things, that the Committee acted imprudently by including private equity, hedge funds and commodities in a custom target date investment option in Intel s 401(k) plan. The case was  Anderson v. Intel Corp. Inv. Policy Comm., Case No. 19-CV-04618-LHK. Plaintiffs alleged

XL SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a

Xiaomi Shares Up 7% as US Judge Lift Restrictions on Tech Giant

ALERT - LEAD PLAINTIFF DEADLINE CORRECTION: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in AstraZeneca plc of Class Action Lawsuit and Upcoming Deadline

XL SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against XL Fleet Corp

NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of XL Fleet Corp. ("XL Fleet" or the "Company") (NYSE: XL) from October 2, 2020 through March 2, 2021 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934. If you purchased XL Fleet securities, and/or would like to discuss your legal rights and options please visit XL Fleet Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com The complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose to in

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