( July 15, 2026, 1:10 PM EDT) -- SALT LAKE CITY — Concluding that underperformance allegations concerning a synthetic guaranteed investment contract (GIC) are “insufficient to raise any relevant plausible inference” and that a prohibited transaction claim fails to meet the “minimal pleading standard” outlined in Cunningham v. Cornell Univ., a Utah federal judge issued a memorandum decision and order dismissing a putative class suit that retirement plan participants filed under the Employee Retirement Income Security Act....