Judge: Lack Of Meaningful Comparators Dooms ERISA Suit Over Stable Value Fund

( July 7, 2026, 12:17 PM EDT) -- MILWAUKEE — Concluding that a plaintiff who challenged the decision to keep an allegedly underperforming stable value fund (SVF) in a retirement plan failed to state his claims because the comparators he proposed were not “meaningful benchmarks,” a Wisconsin federal judge dismissed the putative class case with prejudice; among other things, the judge said that “the potential insolvency of one out of ten wrap providers is insufficient to render the Fidelty SVF an imprudent choice.”...