Preliminary OK Sought For Settlement Of Suit Over 401(k) Hardwiring Provision

Mealey's (January 11, 2022, 9:49 AM EST) -- BALTIMORE — T. Rowe Price Group Inc. and related defendants told a Maryland federal court on Jan. 10 that they do not object to a Jan. 7 motion seeking preliminary approval of a settlement agreement under which they would pay an additional $7 million and add a brokerage window feature to settle a class action over a retirement plan’s hardwiring amendment....

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