$3.5M Deal Proposed In ERISA Imprudence Suit Over TDFs, Another Fund

Mealey's ( May 20, 2024, 10:21 AM EDT) -- GREENSBORO, N.C. — Retirement plan participants have asked a North Carolina federal court for preliminary approval of a $3.5 million class settlement that would resolve their Employee Retirement Income Security Act suit over what they allege are “objectively imprudent investment options.”...