Tag: Supreme Court
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Landmark 401(k) Supreme Court Case: LaRue v. DeWolff Boberg
The LaRue v. DeWolff Boberg case was Supreme Court case in which James LaRue sued his former employer for failing to execute his repeated instructions to move his assets to more conservative investments. Because of this failure to respond to repeated instructions, he lost $150,000 in his 401(k) plan and he wanted to be compensated…