Fee Award Trimmed In 401(k) Management Suit Resolved By $8.75M Deal

( October 31, 2025, 8:34 AM EDT) -- SAN FRANCISCO — A class settlement including an $8.75 million payment and other relief has been granted final approval in a suit over allegedly imprudent management of a 401(k), with a California federal judge also awarding slightly trimmed attorney fees of $2,179,000....