The next opponent for Wall Street banks? Their own employees
A drop in stock prices could trigger worker suits over 401(k) plans as investors and sponsors argue over diversification
Losses in Wall Street workers' 401(k)s — in a large part due to declines in the companies' share prices — could trigger a large number of lawsuits by unhappy employees. Those suits, according to experts, likely will hinge on whether the retirement plans were larded with company stock.
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