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Cintas To Pay $4M To End 401(k) Mismanagement Suit

By Grace Elletson (February 12, 2024, 3:58 PM EST) -- Uniform supplier Cintas Corp. will pay $4 million to resolve a proposed class action alleging it mismanaged its $1 billion retirement plan that held assets for more than 50,000 people by retaining investment options that cost more and performed worse than others in the market....

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