Legal

The beneficiaries accused the defense contractor of subjecting them to excessive management fees.

The White House memo said abusive trading practices cost investors $8 billion to $17 billion a year.

Participants in 401(k) plans accused the Chicago-based bank of mismanaging investments in its securities lending business and charging excessive fees.

The refunds seized were based on survivor benefits paid out decades ago, to when the plaintiffs were children.

A new memo written by a high-powered New York law firm outlines purported roadblocks the DOL's rule would pose to Americans ability to retire.

According to the DOL, the defendants diverted death benefit funds to buy real estate in South Carolina and the Caribbean.