The Court affirmed lower court findings that the Committee had breached its duty by failing to investigate lower cost share classes and that such failure amounted to a breach of the duty of prudence.
http://www.jdsupra.com/legalnews/ninth-circuit-decides-selection-of-retai-90764/
http://www.jdsupra.com/legalnews/ninth-circuit-decides-selection-of-retai-90764/
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