News | Administration

Columbia settles for $13 million in class-action lawsuit over ‘unnecessarily expensive and underperforming’ employee retirement plans

By Princeton Huang / Staff Photographer
In April, Columbia settled for $13 million in a class-action lawsuit over alleged breaches in fiduciary duty regarding the management of its employee retirement plans.
By Irie Sentner • June 2, 2021 at 3:23 AM

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