JPMorgan Settles Massive 401(k) Class Action

By Emily Brill (April 7, 2020, 8:30 PM EDT) -- JPMorgan Chase & Co. told a New York federal judge Tuesday that it is settling a massive Employee Retirement Income Security Act class action in which roughly 250,000 current and former employees accused it of profiting from its 401(k) plan at workers' expense....

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