2nd Circ. Backs Goldman's Victory In 401(k) Self-Dealing Suit
Subject: 2nd Circ. Backs Goldman's Victory In 401(k) Self-Dealing Suit 2nd Circ. Backs Goldman's Victory In 401(k) Self-Dealing Suit <https://www.law360.com/newyork/articles/1797894?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-15&read_main=1&nlsidx=0&nlaidx=2> By Kellie Mejdrich The Second Circuit upheld Goldman Sachs' win in a class action from 29,000 employee 401(k) plan participants who said the banking giant violated federal benefits law by including underperforming proprietary investment funds in their investment roster, citing evidence Wednesday of a "robust process" to manage potential conflicts. Order attached | Read full article » <https://www.law360.com/newyork/articles/1797894?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-15&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.com/newyork/articles/1797894?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-15&read_later=1&nlsidx=0&nlaidx=2>
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Gunnar Larson