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Appellate Court Reopens Case Against State Street by GM Participants
planadviser Link to more items from this source
Feb. 24, 2012
In reversing a lower court ruling, the appellate court recognized that Moench v. Robertson ... established that a fiduciary's decision to remain invested in employer securities is presumed to be reasonable, but a plaintiff may rebut the presumption 'by showing that a prudent fiduciary acting under similar circumstances would have made a different investment decision.'

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