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The San Francisco giant is latest to get hit with legal scourge; Ameriprise and Fidelity already shelled out megabucks to settle claims that their retirement funds underperform and charge a lot to do it – but not Vanguard
The settlement's small print reveals Fidelity employee may receive additional hundreds of millions of dollars in value over time
Boston 401(k) giant is able to reverse prior judgement related to fees in landmark Tussey v. ABB
The legal case is built on a Fidelity-only funds menu but the Boston 401(k) king intends to show these participating employees got a sweet, fair deal that went beyond DOL mandates
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