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Labor Department files amicus brief on pleading standard for imprudence claims in retirement plan investing

·Source: Department of Labor — News Releases

The Department of Labor filed an amicus brief addressing what plaintiffs must allege to move forward with claims that retirement plan fiduciaries acted imprudently in selecting or managing investments. While not specific to FERS/TSP, the filing could influence broader retirement plan litigation standards and fiduciary practices.

Read full story at Department of Labor — News Releases

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