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GE to Pay Record-Setting $61 Million to Resolve 401(k) Proprietary Funds ERISA Lawsuit
401(k) Specialist 
Oct. 10, 2023 "Plaintiffs allege the GE Funds were managed by GEAM, GE's wholly owned investment management company, and were the only actively managed options available to Plan participants. The GE Funds, allegedly, substantially underperformed other comparable funds during the Class Period." [Haskins v. General Electric, No. 17-12123 (D. Mass. proposed settlement agreement filed Oct. 6, 2023)] MORE >> |
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