Genworth Financial Gets Claims Trimmed From 401(k) Fee Suit

By Kellie Mejdrich (September 13, 2023, 8:42 PM EDT) -- A Virginia federal judge on Wednesday partially tossed a proposed class action against Genworth Financial Inc. from ex-workers alleging a 401(k) retirement plan lost more than $100 million due to underperforming BlackRock target-date funds, finding they couldn't sue to change a plan in which they no longer participated....

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