2nd Dismissal Ruling In ERISA Forfeiture Reallocation Cases Disagrees With 1st

(June 19, 2024, 1:54 PM EDT) -- SAN JOSE, Calif. — Taking issue with the only other dismissal ruling in recent Employee Retirement Income Security Act cases filed against retirement plan sponsors for allegedly not putting forfeited nonvested matching contributions toward administrative expenses, a California federal judge granted dismissal with leave to amend a complaint that she called “a swing for the fences.”...

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