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Citigroup 401(k) Plan Committee to Settle Mismanagement Suit for $6.9 Million

Members of the class of participants in the Citigroup Inc. (“Citigroup”) 401(k) retirement plan are finalizing a $6.9 million settlement to conclude an Employee Retirement Income Security Act (“ERISA”) suit alleging the committees charged with managing the plan selected funds associated with Citigroup over less expensive options. The settlement agreement comes almost 11 years after […]

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Legions of small American businesses lack anti-harassment policies

Comparatively larger businesses across Connecticut and nationally have well-considered and comprehensive written policies spelled out in handbooks that address important work-related matters. Unsurprisingly, much of what is spotlighted concerns on-the-job realities for workers and the procedures for governing problems and disputes at the workplace. We note on the employment law page of our website at […]