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Articles Posted in Samuel Poppell

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Voya Sued in 401(K) Lawsuit, is Accused of Partaking of Investment Advice Fee Charge  

  Voya Financial Inc. (VOYA) is the defendant in a 401(k) lawsuit alleging excessive fees. According to a Nestle 401(k) Savings Plan participant, Voya and managed-account provider Financial Engines came up with an arrangement that allowed Voya to collect excessive fees for service related to investment advice, but without disclosing that this…

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