Ex-Genworth Financial Workers Nab Class Cert. In 401(k) Suit

By Patrick Hoff (August 16, 2024, 3:31 PM EDT) -- A Virginia federal judge approved a nearly 4,000-member class of Genworth Financial Inc. 401(k) plan participants who claimed they lost millions of dollars in retirement savings because of underperforming BlackRock target-date funds, rejecting the insurance company's assertion that potential class members had conflicting interests....

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