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Baxter Defeats Suit Over Stable Value Fund In $4B 401(k) Plan

By Grace Elletson ( December 3, 2025, 6:48 PM EST) -- An Illinois federal judge tossed a suit Wednesday from a worker who said medical products company Baxter International Inc. violated federal benefits law by retaining a lackluster stable value fund in its $4 billion retirement plan, ruling the data backing his case failed to capture long-term performance....

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