Michael PERRONE; Tom Tarantino; Rochelle Rosen, as participants in and on behalf of the Johnson & Johnson Savings Plan, and on behalf of a class of all others who are similarly situated, Appellants
v.
JOHNSON & JOHNSON; Peter Fasolo; Dominic J. Caruso; John Does 1-20.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
Before: JORDAN, RESTREPO and SMITH, Circuit Judges.
OPINION OF THE COURT
JORDAN, Circuit Judge.
Johnson & Johnson ("J&J") offers an Employee Stock Ownership Plan ("ESOP") as an investment option within its retirement savings plans. The ESOP invests solely in J&J stock, which declined in price following a news report accusing J&J...
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