Final Settlement Approval Sought In Class Suit Over 401(k) Hardwiring Provision

Mealey's (April 18, 2022, 7:33 AM EDT) -- BALTIMORE — The plaintiffs who challenged a retirement plan’s hardwiring amendment on April 9 filed motions in Maryland federal court seeking awards including $3.5 million in attorney fees and final approval of a class action settlement with T. Rowe Price Group Inc. and related defendants involving a $7 million payment and addition of a brokerage window feature....