Fiduciaries of a retirement plan sponsored by DST Systems Inc., including investment management firm Ruane, Cunniff & Goldfarb Inc. will pay more than $124.6 million to resolve.
/PRNewswire/ Miller Shah LLP announce that the United States District Court for the Southern District of New York has approved the following announcement of.
DST Systems Inc. was accused of mismanaging their profit-sharing 401(k) plan and failing to diversify the plan’s assets, which resulted in large losses, according to the settlement.
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