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Red Cross Says 401(k) Suit Lacks Proof Of Mismanagement

By Grace Elletson ( December 2, 2024, 8:04 PM EST) -- The American National Red Cross urged a D.C. federal judge Monday to toss a suit claiming it hindered its retirement plan with steep fees and underperforming funds, arguing that the group of workers behind the proposed class action hasn't put forward proof of imprudent management....

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