“If these allegations are substantiated, the process by which [Wal-Mart] selected and managed the funds in the plan would have been tainted by failure of effort, competence or loyalty,” the court wrote. The case has been returned to district court.

datePosted on 17:21, December 30th, 2009 by lee

Walmart case gets a second look.

http://www.forbes.com/forbes/2010/0118/investing-walmart-retirement-401k-paying-retail.html

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