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KM Financial Solutions | Kentucky state workers sue investment firms over pension shortfall
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Kentucky state workers sue investment firms over pension shortfall

27 Dec Kentucky state workers sue investment firms over pension shortfall

Posted at 00:17h in News by
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Dec 27 (Reuters) – A group of Kentucky state workers filed a
lawsuit against state retirement system officials and three
asset management firms on Wednesday, saying they breached
fiduciary duties by embracing high-risk, high-fee investments
that yielded lackluster returns.

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