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Retirement Regulation
Asset manager to pay $6.5M to resolve ERISA lawsuit
By Kristen SmithbergJanus Henderson<br/><br/> US (Holdings) Inc. has agreed to a $6.5 million settlement to resolve a proposed class action alleging that its 401(k) retirement plan improperly favored proprietary investment funds, according to filings in the U.S. District Court for the District of Colorado.
