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Employee Benefits

Judge rejects Waters Corp.'s bid to dismiss ERISA violation allegations

April 23, 2024 Reprints

A federal judge in Boston has rejected Waters Corp.'s bid to dismiss allegations of ERISA violations in its 401(k) plan, Pensions & Investments reports. The judge ruled that a former employee had provided enough information to suggest that plan executives may have acted imprudently in their record-keeping and investment management practices.

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Judge rejects Waters Corp.'s bid to dismiss ERISA violation allegations

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