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Media Co. Strikes Deal In Suit Alleging Pricey 401(k) Funds

By Grace Elletson (June 13, 2024, 1:14 PM EDT) -- A media company has agreed to settle a class action alleging it failed to trim costly investment funds from its workers' $540 million 401(k) retirement plan serving 12,000 members, costing them millions in savings, according to a filing in New York federal court....

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