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Neuberger ERISA Case Filed Too Late, 401(k) Committee Says

By Adam Lidgett (September 16, 2019, 2:58 PM EDT) -- The committee that manages Neuberger Berman Group LLC's 401(k) plan has told a New York federal court to toss a proposed class action accusing the investment management firm of violating federal benefits law by keeping a poorly performing, company-affiliated fund as an investment option for its retirees. ...

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