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Second Circuit Upholds Rejection of 401(k) Plan Complaint Against Goldman Sachs
Pensions & Investments 
Feb. 15, 2024 "Although the plaintiff argued that plan executives didn't establish a formal process for selecting and monitoring investments, the district court disagreed -- and so did the appeals court. The investment committee 'followed a rigorous and deliberative process when selecting and monitoring investments,' the appeals court judges wrote." [Falberg v. The Goldman Sachs Group, Inc., No. 22-2689 (2d Cir. Feb. 14, 2024)] |
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