Boeing Co. and employees who participated in the company’s 401(k) plan have asked a federal court in Illinois to approve a $57 million settlement that would bring an end to a nearly decade-old class action that accused the company of paying excessive 401(k) fees (Spano v. Boeing Co.settlement filed).
The parties reached the settlement in August just as a trial was set to begin in the case, but they kept the terms confidential until the Nov. 5 filing of the proposed settlement agreement 167 PBD, 8/28/15, 166 DLR A-3, 8/27/15, 42 BPR 1562, 9/1/15, 16 CLASS 981, 9/11/15, 162 CBEM, 8/28/15, See previous story, 08/28/15
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