Here are the most recent / currently publicized items I can find about Fidelity class action lawsuits, with quick context on what each one is about:
When you say “Fidelity class action lawsuit,” do you mean:
1) Fidelity Investments 401(k)/fees,
2) the Fidelity data breach, or
3) an insurance-related Fidelity case?
Reply with the number (or the topic you remember), and I’ll focus on the latest updates for that specific matter.
Fidelity Investments will pay $28.5 million to settle a class action targeting the affiliated investment funds in its employees’ 401(k) plan, the plan participants told a federal judge in Boston on Thursday.
news.bloomberglaw.comFMR LLC, the parent company of Fidelity Investments, agreed May 2 to class certification of a suit challenging the use of in-house mutual funds in the company’s 401(k) plan.
news.bloomberglaw.comA group of current and former employees claim the plan is dominated by expensive Fidelity mutual funds when lower-fee options are available within Fidelity's own offerings and from other providers.
money.cnn.comA $2.5M Fidelity Investments settlement offers cash and credit monitoring to those who may have been affected by an Aug. 2024 data breach.
www.classaction.orgA false advertising class action settlement against Fidelity & Guaranty Life Insurance company was given final approval by a California judge.
topclassactions.comFidelity Investments has consented to pay $12 million to settle two class action employee lawsuits. The plaintiffs contend that the retirement plan provider was self-dealing in the FMR LLC Profit ...
www.investorlawyers.comA class action alleges Fidelity and several related entities failed to manage a plan with $15 billion in assets with “the care, skill, or diligence” one would expect given the size of the plan.
www.classaction.orgNever miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news. In the underlying lawsuit, the certified class of plaintiffs alleges that the Fidelity defendants breached their ERISA fiduciary duties of prudence and loyalty by permitting self-dealing to occur in the retirement plan offered to Fidelity’s own employees. According to the complaint, the defendants “loaded the plan exclusively with Fidelity-affiliated investments, without...
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