GE, Retirees Get Initial Nod For $61M Retirement Fund Deal

By Emmy Freedman ( October 20, 2023, 7:13 PM EDT) -- A Massachusetts federal judge gave a first OK on Friday to a $61 million settlement that ends current and former workers' claims that General Electric directed employee retirement savings into underperforming GE Asset Management funds to generate fees for the subsidiary before it was sold....

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