Plaintiffs accept $5.4 million Transamerica 401(k) settlement
Participants had accused the plan's fiduciaries of using poorly performing investment options.
Attorneys for a group of current and former Transamerica Corp. employees who participated in the company’s 401(k) have filed a motion to approve a $5.4 million settlement in an ERISA class-action suit.
If approved, the settlement would end the suit filed by six plaintiffs in December 2018, whic
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