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Title
Second Circuit Affirms Dismissal of Breach-of-Prudence Claims Against 401(k) Plan Sponsor.
Abstract
The article discusses the court case Loeza et al. v. John Does which deals with the JPMorgan Chase & Co.'s Savings Plan. Topics discussed include plaintiffs consisting of current and former employees of JPMorgan Chase, employee stock ownership plan under the Employee Retirement Income Security Act (ERISA), and dismissal of the plaintiffs' complaint by court.