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Text of Federal District Court Opinion: No Breach of Fiduciary Duty in Removing Employer Stock Fund from 401(k) Plan (PDF)
U.S. District Court for the Middle District of North Carolina
Feb. 19, 2016
65 pages; on remand from the Fourth Circuit. "After a careful weighing of the evidence and a review of all of the circumstances prevailing at the time, it is determined that RJR has shown by a preponderance of the evidence that a fiduciary acting with prudence would have divested the Nabisco Funds at the time and in the manner that RJR did." [Tatum v. R.J. Reynolds Tobacco Company, No. 1:02CV00373 (M.D.N.C. Feb. 18, 2016)]
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