BAE Stuck $8.2B Retirement Plan With Hefty Fees, Court Told

By Emmy Freedman (April 4, 2024, 6:34 PM EDT) -- Aerospace and defense company BAE Systems breached federal benefits law by saddling its $8.2 billion retirement plan with excessive recordkeeping fees and causing participants' savings to plummet, a proposed class action filed in D.C. federal court said....

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