Investment Firm Slips Plan Members' Self-Dealing 401(k) Suit

By Emmy Freedman (March 25, 2024, 8:39 PM EDT) -- A New York federal judge on Monday threw out a lawsuit retirement plan participants lodged against investment firm AllianceBernstein accusing it of steering retirees' savings into its own poorly performing investments, saying there's no evidence the company was benefiting from these alleged actions....

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