Fiduciaries Seek Dismissal Of ERISA Investment, Reinsurance Risk Case

( July 13, 2026, 11:21 AM EDT) -- DALLAS — Retirement plan fiduciaries moved to dismiss with prejudice a second amended class action complaint filed under the Employee Retirement Income Security Act (ERISA)by retirement plan participants challenging the plan’s former investment in a Prudential Guaranteed Income Fund and alleged recordkeeping fees, arguing that the participants still lack meaningful stable value fund comparators and rely on rejected financial condition allegations....