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‘Shame On Them.’ Fund Companies Got Sued By Their Own Employees Over Pricey 401(k) Plans.
FYI: Big fund companies make hundreds of millions of dollars in fees every year from mutual funds and other products they sell to the public—that’s the business. But should they be allowed to profit at the expense of their own employees? Several lawsuits assert that the answer is no. Regards, Ted https://www.barrons.com/articles/fidelity-blackrock-401k-lawsuit-1539977967?mod=hp_DAY_5
