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Lowe's Defense Fails to Get ERISA Suit Dismissed
PLANSPONSOR; registration may be required
Sept. 10, 2019 "The fiduciary breach lawsuit accuses plan fiduciaries of mapping $1 billion into a fund that lagged peer performance and was unpopular in the marketplace.... Following recommendations from a Magistrate Judge a federal judge from the U.S. District Court for the Western District of North Carolina granted in part and denied in part Lowe's Companies' motion to dismiss[.]" [Reetz v. Lowe's Companies, Inc., No. 18-075 (W.D.N.C. Sep. 6, 2019)] MORE >> |
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