April 05, 2024
A California food manufacturer will pay $1.5 million to end a proposed class action alleging it loaded a $323 million employee 401(k) plan with excessive fees and costly, underperforming investment options, according to settlement details unveiled in federal court Friday.
January 23, 2024
A California food manufacturer has agreed to end a proposed class action alleging it loaded its $323 million employee 401(k) plan with excessive fees and costly, underperforming investment options, the company told a federal court.