Black & Decker Can't Ax Suit Challenging BlackRock Funds

By Grace Elletson ( July 5, 2024, 2:48 PM EDT) -- A Connecticut federal judge said Black & Decker can't escape a suit claiming it failed to trim underperforming BlackRock investment funds from its 20,000-member $2.2 billion retirement plan, ruling that the retirees behind the suit put forward enough evidence of potential imprudence to dodge dismissal....

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