District court grants trial-by-jury to ERISA plaintiff

Article Written by:  Richard Siegal   Taken From:  Employee Benefit News

Like most such cases, the plaintiff, a putative class representative, alleged that the defendant fiduciaries should not have allowed participants in the 401(k) plan at issue to continue to invest their employer’s matching contributions in company stock. The plaintiff demanded a jury trial in the complaint and the defendants moved to strike that demand.

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