$3.5M Settlement In ERISA Suit Over TDFs, Another Fund Wins Final Approval

Mealey's ( December 12, 2024, 2:50 PM EST) -- GREENSBORO, N.C. — A North Carolina federal judge has granted final approval to a $3.5 million class settlement that resolved retirement plan participants’ Employee Retirement Income Security Act suit challenging the use of target-date funds (TDFs) and another investment option....