Putnam Can't Get High Court To Tackle Benefits Class Action
By Danielle Nichole Smith ( January 13, 2020, 2:16 PM EST) -- The U.S. Supreme Court on Monday turned down Putnam Investments' invitation to review a dispute over who has the burden of proving causation when an Employee Retirement Income Security Act plaintiff establishes a fiduciary breach and related plan losses, leaving in place a decision that revived a class action against the money manager....
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