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US Bank Agrees To Massive Class In 401(k) Fee Suit

By Patrick Hoff ( March 13, 2025, 4:31 PM EDT) -- U.S. Bancorp told a Minnesota federal court Thursday that it agreed to the certification of an approximately 93,000-member class in a lawsuit alleging the financial company allowed its employee 401(k) to pay exorbitant recordkeeping fees....

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