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Labor & Employment Law

: LaborProf Blog

Another Settlement in 401(k) Mutual Funds Litigation

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In a class action lawsuit challenging inherently conflicted plan fiduciaries, the company has agreed to pay $13.8 million to settle claims that it breached its fiduciary duties. (Phones Plus Inc. v. Hartford Life Ins. Co., No. 3:06-cv-1835 (D. Conn., motion...

Full post as published by LaborProf Blog on March 01, 2010 (boomark / email).

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