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Posted: December 30th, 2024
Question description
1. On what grounds did the employee challenge the airlines handling of its own stock an investment option? Why did the court find these claims to be meritless”?2. In practical terms, what does this case say about what companies should do or not do when administering defined contribution plans?3. Should congress follow the court suggestions and institute diversification requirements for defined contribution plans that specifically limit the percentage of company stock that can be held by employees? Why or Why not
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