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401(k) Breach Complaint Against Invesco Dismissed
Pensions & Investments Oct. 1, 2019 "Although the plan participant contended that managers continued to offer allegedly poor-performing investments, the judge questioned the scope of this argument. 'The fact that (the) plaintiff has alleged a single instance of a questionable decision by defendants in the last six years does not in and of itself create an inference of wrongdoing,' the judge wrote." [Cervantes v. Invesco Holding Co., No. 18-2551 (N.D. Ga. Sep. 25, 2019)] |
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