
Some Facts and Figures from BNA
FACT: Labor department cites 2,500 fiduciary
breach cases in 2001.
FACT: Large U.S. bank pays $26 million
in 2001 to settle case over 401 (k) investment handling.
FACT: 27 union pension plan trustees
pay $150 million in 2002 to settle 410 (k)-related conflict-of-interest
case.

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