Retirement – 401(k) plan – Investments – Massachusetts Lawyers Weekly

April 2, 2021

U.S. District Court

Where the plaintiff participants in a 401(k) plan have brought suit alleging improper investment decisions, a motion by the defendants to dismiss the complaint should be denied in part, as the plaintiffs have sufficiently alleged some breaches of the duty of prudence and the duty of loyalty.
“Plaintiffs are seven current and former employees of Schneider ...