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Lawsuit against Financial Engines a red flag for plan sponsors

Patent infringement claims against Financial Engines means plan sponsors should be vigilant and ready to reassure plan participants.

A new lawsuit against Financial Engines for alleged patent infringement is in its early stages, but plan sponsors who work with the 401(k) service provider ought to keep the case on their radar.
On Friday, GRQ Investment Management filed suit against Financial Engines Inc. and Financial Engines Advi

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