"The court emphasized that fiduciaries may choose among a 'range of reasonable judgments' and that weighing tradeoffs between risk and return does not in itself constitute imprudence. Further, the plaintiff failed to show that the Plan's strategy was an extreme outlier among similar multiemployer plans." [Carlisle v. The Board of Trustees of The American Federation of The New York State Teamsters Conference Pension and Retirement Fund, No. 25-0511 (2d Cir. Nov. 21, 2025; unpub.)]  MORE >>