Chamber Urges 9th Circ. To Uphold End To Intel ERISA Suit

By Patrick Hoff ( June 15, 2023, 9:08 PM EDT) -- The U.S. Chamber of Commerce told the Ninth Circuit it shouldn't disturb the dismissal of a proposed class action claiming Intel Corp.'s 401(k) plan unlawfully spent billions on risky, poorly performing investments, arguing federal benefits law gives fiduciaries discretion and flexibility in choosing investment options....

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