Self-Dealing Alleged In Class Suit Over Retirement Plan Fees, Proprietary Funds

(May 28, 2021, 1:13 PM EDT) -- BOSTON — The fiduciaries of a defined contribution plan violated the Employee Retirement Income Security Act through self-dealing related to proprietary funds and other actions that cost the company’s workers millions in retirement savings, participants allege in a putative class action filed May 25 in a Massachusetts federal court against State Street Corp....

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