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Kistler et al v. Stanley Black & Decker Inc et al
Case Number:
3:22-cv-00966
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- American Benefits Council
- American Retirement Association
- Stanley Black & Decker Inc.
- The ERISA Industry Committee
Sectors & Industries:
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July 05, 2024
Black & Decker Can't Ax Suit Challenging BlackRock Funds
A Connecticut federal judge said Black & Decker can't escape a suit claiming it failed to trim underperforming BlackRock investment funds from its 20,000-member $2.2 billion retirement plan, ruling that the retirees behind the suit put forward enough evidence of potential imprudence to dodge dismissal.
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November 20, 2023
Wave Of ERISA Suits Over BlackRock Funds Hit Hurdles
A recent crop of Employee Retirement Income Security Act suits from ex-workers challenging the decision to retain certain BlackRock investment options in their 401(k)s have stumbled in federal court.