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Principal Global Seeks To Kill 401(k) Class Action

By Emily Brill (June 26, 2018, 5:28 PM EDT) -- Principal Global Investors Trust Co. urged an Iowa federal judge to can a proposed class action accusing the company of breaching its fiduciary duties to 401(k) plan participants by failing to replace allegedly underperforming target date fund investments, telling the court the participants didn't show the investments underperformed....

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