Compliance
Compliance
Judge Recommends Dropping Most of $4.2B Retirement Plan Suit Against Nestlé
A U.S. District Court judge sided with Nestlé’s motion to dismiss most of the claims in a 401(k) class action lawsuit alleging unreasonably high fees and self-dealing.
Jury Rules in Favor of SEC in Federal Employee Fraud Case
An Atlanta-area broker was accused by the regulator of fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan retirement account into higher-fee, variable annuity products.