Morgan Stanley wins 401(k) lawsuit over use of in-house and BlackRock funds
The judge's ruling described plaintiffs' claims as inappropriate 'Monday-morning quarterbacking'
Morgan Stanley has won a lawsuit alleging that it included high-cost, underperforming in-house and BlackRock investment funds in its company 401(k) plan, costing its employees millions of dollars in lost retirement savings.
Plaintiffs originally brought the lawsuit, Robert J. Patterson v. Morgan St
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