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Stanley Black and Decker Loses Motion to Dismiss 401(k) Lawsuit Over BlackRock TDFs
Pensions & Investments 
July 9, 2024 "BlackRock isn't a defendant in this case nor is it a defendant in 10 other lawsuits against various sponsors making the same or similar allegations by the same law firm ... Among the lawsuits where judges have acted on sponsors' use of the BlackRock Lifepath Index Retirement Funds, only one -- against Genworth Financial Inc. -- has survived a motion to dismiss." [Kistler v. Stanley Black & Decker Inc., No. 22-0966 (D. Conn. Jul. 3, 2024)] MORE >> |
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