Cigna, Prudential settle ERISA lawsuit for $35 million

By Mon, Jun 24, 2013

"As part of the settlement... Cigna has agreed to continue not to include in the plan's investment lineup any investment options managed by it or its affiliates and has agreed to continue to exclude retail class mutual funds from the plan's lineup—as it has since the 1990s," said a press release from the plaintiff's attorneys.

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