$35M Deal Reached In Cigna 401(k) Fees Class Action

By Ben James (June 21, 2013, 5:22 PM EDT) -- Cigna Corp. and Prudential Retirement Insurance and Annuity Co. have agreed to a $35 million settlement in a putative class action Employee Retirement Income Security Act suit accusing them of imposing excessive fees on Cigna's 401(k) plan, they told an Illinois federal court Friday.  ...

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