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GE 401(k) Class Certified, Judge Resolves Class Counsel Spat

March 17, 2020, 6:32 PM

General Electric Co. is now facing a certified class action covering hundreds of thousands of participants in its 401(k) plan, after a Monday ruling by a federal judge in Boston.

Judge Indira Talwani of the U.S. District Court for the District of Massachusetts granted the employees’ motion for class certification—which GE didn’t oppose—after resolving a dispute among the attorneys’ vying to represent the class. Talwani largely maintained the status quo in the case by appointing attorneys from four law firms to represent the class.

The dispute is a fallout from Talwani’s January order denying the GE employees’ motion for ...