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05Dec

Dismissal of DOL’s Failure to Monitor Suit Was Appropriate Based On Retirement Committee’s Swift Action to Rectify Undiversified Trust

As a result of a custodial trustee’s resignation, assets for Severstal Wheeling, Inc.’s (“Severstal”) two ERISA-covered retirement plans were transferred to a new trust.  The retirement committee for the Severstal retirement plans (“Committee”)...
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/dismissal-of-dol-s-failure-to-monitor-57134/

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