Two sponsors settle 401(k) cases, Victoria’s Secret owner sued
A grocery chain is paying $17.5 million in one case, and a pharmaceutical company is shelling out more than $2.5 million in another
A New England grocery store chain is paying $17.5 million to settle claims it mismanaged its 401(k) plan by not including enough investment risk.
The agreement, submitted to the court last Friday, will compensate as many as 18,600 individuals who were participants in or beneficiaries of the plan
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