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Supreme Court Favors Employees in Retirement Plan Fiduciary Claims Against Edison Intl.

2015-05-20 02:54:13| Energy - Topix.net

The U.S. Supreme Court on Monday revived claims made by Edison International employees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan. On a 9-0 vote, the court threw out an appeals court ruling that limited the number of claims that could be made in the case involving Edison's retirement plan management.

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