GE, Retirees Seek OK For $61M Retirement Funds Settlement
By Julie Manganis ( October 6, 2023, 7:33 PM EDT) -- General Electric and a group of current and former workers are asking a Massachusetts federal court to grant preliminary approval to a $61 million settlement of claims that GE steered employee retirement savings into costlier and lower-performing GE Asset Management funds to boost the subsidiary's bottom line before selling it off in 2016....
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