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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.

New yorkUnited statesSeema nandaLisa gomezMichaelr hartmanMamy taiCunniff goldfarbWharton garrisonCunniff goldfarb coSsc technologies holdings incDepartment of laborCunniff goldfarb incEmployee benefits security administrationUs department of laborSystems incValeant pharmaceuticals international inc