Principal Life Beats Class Action Over 401(k) Plan Funds

By Emily Brill ( September 26, 2018, 8:24 PM EDT) -- An Iowa federal judge awarded a quick win to Principal Life Insurance Co. in an Employee Retirement Income Security Act class action on Tuesday, scuttling claims that the company enriched itself at investors' expense by setting artificially low interest rates for investment products used in 401(k) plans....

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