Judge: Early $13.4M Payment Was Condition Of ERISA Fees, Funds Settlement

( September 24, 2026, 9:21 AM EDT) -- SPRINGFIELD, Mass. — Noting that interest from the defendants’ early payment of $13.4 million had grown the common fund to $13,524,410.05, a Massachusetts federal judge gave final approval to the class settlement of a case in which 401(k) plan participants challenged recordkeeping and managed account fees and inclusion of two allegedly underperforming investment options....