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  2. A former Fidelity Investments financial advisor is suing the company for allegedly firing him for raising concerns that Fidelity was improperly pressuring advisors and branch managers to put clients into high-fee investments.
    www.msn.com/en-us/money/other/fidelity-pressured-advisors-to-sell-high-fee-investments-lawsuit-claims/ar-BB1m3xFb
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    How much will Fidelity Investments pay to settle ERISA lawsuit?Fidelity Investments will pay $28.5 million to settle a class-action lawsuit against the company and its fiduciaries alleging ERISA violations, according to a preliminary settlement document filed Thursday in U.S. District Court in Boston.
    Why is fidelity suing a financial advisor?A former Fidelity Investments financial advisor is suing the company for allegedly firing him for raising concerns that Fidelity was improperly pressuring advisors and branch managers to put clients into high-fee investments.
    Does Fidelity Investments have a lawsuit?Fidelity Investments offers loans through cooperation with several banks, the most notable being US Bank, Goldman Sachs Bank USA, and Bank of Oklahoma. The company’s history has been embroiled in several lawsuits, and in this article, we shall be examining the ten biggest lawsuits the company has ever been involved in. 10.
    Did fidelity invest in a 401(k) class settlement?The lawyers who negotiated a$28.5 million class settlement with Fidelity Investments over the affiliated funds in its 401 (k) plan are entitled to nearly $10.5 million in attorneys’ fees and expenses for their efforts, a Boston federal judge ruled.
     
  4. Fidelity’s $28.5 Million 401(k) Settlement Clears Final Hurdle

     
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