Another Pension Plan Sued over Investments

Moore, Rebecca
October 2013
Plan Sponsor News;2013, p172
Trade Publication
The article focuses on the complaint filed by a participant in U.S. Bancorp Pension Plan against plan fiduciaries. It says that the defendant has caused the plan to commit around 100% asset for equity. It states that the complaint has allegedly caused important losses to the undiversified asset allocation. Moreover, it adds that the participant has accused the Investments Committee Defendants and Compensation Committee Defendants of failure in plan investment monitoring.


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