June 08, 2021
A Philadelphia-based engineering company has agreed to pay $1.8 million to end a proposed class action claiming it violated the Employee Retirement Income Security Act by allowing expensive, poor-performing investment options in employees' 401(k) plan.
July 07, 2020
Two former employees of CDI Corp. hit the engineering solutions company with a proposed ERISA class action Tuesday, claiming the company wasted their and others' retirement savings on unreasonably high fees and unnecessarily costly investment options.