Preliminary OK Sought For $15M Deal In ERISA Fees, Funds Suit Involving TDFs

Mealey's (April 18, 2023, 11:48 AM EDT) -- NEW HAVEN, Conn. — Retirement plan participants in a class action challenging retirement plan fees and funds including Fidelity “active” target date funds (TDFs) have asked a Connecticut federal court for preliminary approval of a $15 million settlement....