ADP Strikes Deal In Sweeping 401(k) Class Action

By Patrick Hoff ( June 23, 2026, 4:39 PM EDT) -- Payroll processing company ADP has agreed to settle a 50,000-member class action alleging it kept expensive, underperforming investment options in its 401(k) plan and funneled millions of dollars from employees' retirement savings to a subsidiary, according to a filing in New Jersey federal court....

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