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Settlement in Vanderbilt 403(b) Case Raises Questions About Use of Participant Data for Marketing
Groom Law Group Apr. 26, 2019
"[T]he settlement is one of the first under which a plan fiduciary agrees to place limits on a service provider's use of plan data.... Given that the law firm representing the plaintiffs is very active in the ERISA class action field, it is quite possible that similar claims constructed around the value of plan and participant information could surface in future complaints."
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