Mass. Suit Accusing Fidelity Of 401(k) Kickback Scheme Axed

By Mike LaSusa (February 14, 2020, 10:47 PM EST) -- A Massachusetts federal judge tossed a proposed class action by a T-Mobile USA Inc. employee who accused the manager of the company's 401(k)plan, Fidelity, of operating a so-called pay-to-play scheme in violation of the Employee Retirement Income Security Act, with the judge finding the worker couldn't show the companies acted like fiduciaries....

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