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State Street Inks $4.3M Deal To Resolve ERISA Claims

By Henrik Nilsson (February 12, 2024, 11:03 PM EST) -- State Street Corp. has agreed to pay $4.3 million to resolve proposed class claims that the bank managed its 401(k) plan for its own benefit rather than for workers in violation of the Employee Retirement Income Security Act, plan participants told a Massachusetts federal court on Monday....

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