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Spano v. Boeing Excessive Fee Case Settles for $57 Million
Fiduciary Matters Blog 
Nov. 6, 2015
"The following are some selected terms of the settlement: ... Boeing agreed to hire an independent fiduciary to approve the settlement ... If a technology sector strategy fund remains as a core option in the Plan, Boeing shall obtain an opinion and recommendation of an Independent Investment Consultant on the question of whether and how to provide participants access to a technology sector strategy as a core option.... The agreement acknowledged that Boeing has a cash target for their company stock fund, and have hired a fiduciary to monitor the cash levels."
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