Deal Including $2.75M Payment Reported In ERISA Suit Over Fees, Proprietary Funds

Mealey's (May 8, 2023, 12:48 PM EDT) -- NEW YORK — Plaintiffs alleging imprudence in regard to a retirement plan’s fees and use of proprietary funds have moved in New York federal court for preliminary approval of a class settlement including a $2.75 million payment and prospective relief....

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