December 12, 2018
Edward D. Jones & Co. has agreed to pay more than $3 million to settle a suit brought on behalf of about 45,000 current and former 401(k) plan participants alleging the financial services firm's plan served the interests of the company rather than its employees.
March 28, 2018
A Missouri federal judge on Tuesday refused to toss a suit alleging Edward D. Jones & Co.'s 401(k) plan served the interests of the company rather than its employees, saying allegations in the most recent amended complaint sufficiently raised questions about the company's management of its employee benefits plan.