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Two More Plans Sued Over Offering of BlackRock Index Target Date Funds
Pensions & Investments 
Aug. 8, 2022 "The lawsuits bring to eight the number of ERISA lawsuits in recent days ... against sponsors and fiduciaries alleging that they should not have retained the BlackRock Lifepath Index Funds. Plaintiffs contend that the BlackRock series had a poorer overall performance than four other popular target-date series, some of which were passive and some of which were actively managed." |
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