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Red Cross Steered Workers To Shoddy 401(k) Funds, Suit Says

By Irene Spezzamonte (June 16, 2021, 6:29 PM EDT) -- The American National Red Cross was hit with a proposed class action in a D.C. federal court alleging the nonprofit violated federal benefits law by letting its retirement plan pay excessive fees and letting workers sink their retirement savings into underperforming funds....

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