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Hedge Fund Inks $7.9M Deal In ERISA 401(k) Investment Suit

By Kellie Mejdrich ( September 27, 2024, 8:12 PM EDT) -- A Connecticut-based hedge fund that went bankrupt and owner George A. Weiss have agreed to pay $7.9 million to end an ex-worker's suit alleging the company plowed its employees' retirement savings into two substandard proprietary funds, according to filings Friday in Connecticut federal court....

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