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Media Giant Escapes 401(k) Fund Suit, For Now

By Emmy Freedman ( June 13, 2023, 7:41 PM EDT) -- A lack of detail dooms a proposed class action alleging the holding company behind Conde Nast unlawfully kept poorly performing BlackRock funds in its 401(k) plan, a New York federal judge ruled Tuesday, tossing the suit while giving the former employee who filed it a chance to amend his claims....

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