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Mootness › Defined Benefit Plans

Proskauer - Employee Benefits & Executive...

Defined Benefit Plan Participant’s Action Mooted by ERISA Plan’s Improved Financial Condition

Proskauer - Employee Benefits & Executive... on

A federal district court in Minnesota dismissed a plan participant’s allegations that plan fiduciaries mismanaged a defined benefit plan — and thus caused it to be underfunded — because the plan’s financial condition improved...more

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