Summary
- A Pennsylvania federal judge has ruled that Cigna cannot dismiss a proposed class action regarding its 401(k) plan.
- The lawsuit alleges that underperforming investment options and misallocated forfeitures have cost employees millions.
- The ruling allows the case to proceed to discovery, indicating the claims have sufficient backing under federal benefits law.
- This development could have significant implications for how employee retirement plans are managed and scrutinized.
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