Standing Issues, Failure To State A Claim Lead To Dismissal Of Custom Funds Row

Mealey's (January 23, 2023, 1:03 PM EST) -- DALLAS — Allegations of generalized injury to a 401(k) plan were not sufficient to establish standing, and the complaint failed to state a claim where there was standing, a Texas federal judge ruled in granting dismissal of a putative class Employee Retirement Income Security Act case over custom investment funds....

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