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BlackRock to Pay $9.7 Million Settlement Over ERISA Allegations
Pensions & InvestmentsLink to more items from this source
Mar. 26, 2021

"The complaint alleged that BlackRock 'selected and retained high-cost and poor-performing investment options, with excessive layers of hidden fees that are not included in the fund expense ratios' in the 401(k) plan and noted that 'almost all' of the investment options in the plan were BlackRock funds."

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