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Compass
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Owner/Trustee of 401(k) Plan Accused of Having Eyes Wide Shut on Fiduciary Duties
Stinson Oct. 26, 2016 "The Complaint alleges that on numerous occasions the Plan's third party administrator and the named Plaintiffs encouraged Poppell to get professional advice and diversify the Plan's portfolio. These pleas were ignored. Further, participants were not allowed to direct their investments and all contributions (both employer and employee) were invested in Poppell's selections." |
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