Northrop Grumman’s $12.4M ERISA Deal Ends 13-Year Battle

Northrop Grumman inked a $12.4 million settlement deal Monday with employees who claimed the defense giant’s 401(k) plan betrayed workers by using a costly management strategy for a risky investment fund, wrapping up a 13-year legal fight…

Read this piece in its entirety at Law360.

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