Plan Participants Seek Nod From Judge To Settle ERISA Class Action With Fidelity

(July 7, 2020, 11:05 AM EDT) -- BOSTON — A group of participants in a Fidelity Investment employee savings plan say in a July 2 unopposed motion for preliminary approval of a class action settlement that they have reached a fair and reasonable agreement with Fidelity that creates a $28.5 million settlement fund and institutes plan monitoring and recordkeeping procedures (Kevin Moitoso, et al. v. FMR LLC, et al., No. 18-12122, D. Mass.)....