Transamerica Inks $5.4M Deal To Settle ERISA Class Action

By Emily Brill (June 23, 2021, 8:09 PM EDT) -- Transamerica Corp. told an Iowa federal judge Wednesday that it has inked a $5.4 million deal to settle an ERISA class action in which roughly 24,500 current and former workers accused it of stuffing its 401(k) plan with underperforming proprietary investments....

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