June 16, 2022
Two American Automobile Association subsidiaries reached a settlement to resolve a proposed class action accusing the car insurance and roadside assistance organizations of saddling their 401(k) plan with excessive fees, according to a filing in North Carolina federal court.
July 06, 2021
Subsidiaries of the American Automobile Association were slammed Tuesday with a proposed class action accusing them of mismanaging workers' 401(k) plan to the tune of millions of dollars by choosing high-fee investment options that cut into employees' retirement funds.