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Peabody Energy ERISA Case Gets Tossed By Missouri Judge

By Michael Phillis (March 31, 2017, 4:51 PM EDT) -- A Missouri federal judge on Thursday tossed a putative class suit made up of participants and beneficiaries in three Peabody Energy Corp. retirement plans that invested in company stock that took a nosedive, saying that arguments that fiduciaries were negligent and behaved poorly didn't meet the high bar set by the Employee Retirement Income Security Act....

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