TITLE

Another Pension Plan Sued over Investments

AUTHOR(S)
Moore, Rebecca
PUB. DATE
October 2013
SOURCE
Plan Sponsor News;2013, p172
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
91818132

 

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