$4.1M
ERISA Class Action, Breach of Fiduciary Duty
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Case Details
Settlement in a class action lawsuit against Xerox Corporation for breaching fiduciary duties related to their in-house 401(k) recordkeeper.
Additional Notes
Xerox paid $4.1 million into a common fund for the class’s benefit. The settlement also includes prospective relief for ensuring competitive recordkeeping fees.
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