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Newport Group to Settle Claims of Mismanaging Church Retirement Plan
Pensions & Investments 
Mar. 7, 2025 "Clergy and church employees of the African Methodist Episcopal Church, Nashville, Tenn., have secured a $40 million settlement from Newport Group, the third-party administrator of church retirement plans in a complex, long-running lawsuit against multiple defendants[.]" [Carmichael v. Harris, No. 22-1127 (W.D. Tenn. proposed settlement Mar. 4, 2025)] MORE >> |
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