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District Court Approves $7.9M Settlement Against Hedge Fund in 401(k) Class Action
Cohen Milstein 
Sept. 22, 2025 "[T]he plaintiffs alleged that 100% of GWA LLC 401(k) Profit Sharing Plan investments (all of which were 401(k) assets) were and continued to be invested in The Weiss Funds ... Plaintiffs further claimed that the Weiss Mutual Fund lacked the performance history, market acceptance, and cost structure to be a substantial investment for the 401(k) plan." [Andrews-Berry v. George A Weiss, No. 23-0978 (D. Conn. settlement approved Sep. 19, 2025)] MORE >> |
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