Union Retirement Plan Strikes $8.75M Deal In ERISA Suit

By Adam Lidgett ( April 16, 2019, 6:52 PM EDT) -- Trustees of a union-organized multiemployer retirement plan have agreed to an $8.75 million deal to settle a California federal court suit brought on behalf of 40,000 proposed class members who claimed the trustees breached their duties by saddling the plan with costly investment options....

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