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ABB Strikes $55M Deal To End Long-Running ERISA Suit

By Emily Brill ( March 28, 2019, 2:54 PM EDT) -- ABB Inc. reached a $55 million deal Thursday to close the book on a 13-year-old class action accusing the technology and power company of using workers' retirement savings to offset its expenses and wrongly diverting those savings from one investment fund to another....

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