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Employer Violated 'Duty of Prudence' in Investment Option Choices, According to Federal Court
Business Insurance; free registration required Link to more items from this source
[Guidance Overview]
July 16, 2010
"Defendants have not offered any credible explanation for why the retail share classes were selected instead of the institutional share classes ... In light of the fact that the institutional share classes offered the exact same investment at a lower fee, a prudent fiduciary acting in a like capacity would have invested in the institutional share classes."

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