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Voya Again Wins Dismissal of Stable Value ERISA Lawsuit
planadviser; registration may be required 
Aug. 21, 2018
"[T]he district court's second take concludes the lead plaintiff's underlying allegations do not provide 'more than a sheer possibility that a defendant has acted unlawfully.'... [T]he decision points out ... [that] ERISA requires a fiduciary's 'complete loyalty,' but fiduciaries 'do not violate their duties to a pension plan by taking action which, after careful and impartial investigation, they reasonably conclude is best to promote the interests of participants and beneficiaries,' even if the decision 'incidentally benefits' the fiduciary. " [Dezelan v. Voya Retirement Ins. and Annuity Co., No. 16-1251 (D. Conn. Aug. 17, 2018)]
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