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What Beldock Decision Means for 401k Litigation

It dismissed the duty of loyalty claim because plaintiffs did not plead any facts giving rise to an inference that defendants engaged in self-dealing, faced conflicts of interest or sacrificed participants’ interests in favor of their own.

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Dismissal Streak Continues in BlackRock Target Date Fund Litigation | Proskauer - Employee Benefits & Executive Compensation Blog

A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to...

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