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Fidelity, Putnam 401(k) Investors Get Class Treatment

Dec. 14, 2016, 5:46 PM

A pair of lawsuits accusing Fidelity Management Trust Co. and Putnam Investments LLC of 401(k) mismanagement were certified as class actions (Brotherston v. Putnam Investments, LLC, D. Mass., No. 1:15-cv-13825, electronic notice of order granting class certification 12/8/16; Ellis v. Fidelity Mgmt. Tr. Co., D. Mass., No. 1:15-cv-14128, electronic notice of order granting class certification 12/8/16).