Preliminary OK Granted For $15M Deal In ERISA Fees, Funds Suit Involving TDFs

Mealey's ( April 28, 2023, 11:19 AM EDT) -- NEW HAVEN, Conn. — A Connecticut federal judge on April 27 granted preliminary approval of a $15 million settlement in a class action challenging retirement plan fees and funds including Fidelity “active” target date funds (TDFs)....