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Third Circuit Affirms Certification of ERISA Class Though Named Plaintiffs Had Not Invested in All Challenged Investment Options
Baker Botts
June 6, 2022 "By tying alleged injuries to root decisions or broader courses of conduct, participants and beneficiaries may more readily be able to challenge a defined-contribution plan's investment lineup on a class basis, even if those participants and beneficiaries have not invested in each of the options about which they seek to complain." [Boley v. Universal Health Serv. Inc., No. 21-2014 (3d Cir. Jun. 1, 2022)] MORE >> |
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