Final Approval Sought For $12.5M Class Settlement In ERISA Fees, Funds Suit

Mealey's (March 3, 2023, 2:08 PM EST) -- PHILADELPHIA — In a report that retirement plan participants filed in Pennsylvania federal court, an independent fiduciary says it will not object to any aspect of a planned $12.5 million class action settlement in the lawsuit over retirement plan fees and funds including target date funds (TDFs) in Fidelity Management & Research’s Freedom “active” suite....

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