Fidelity Management & Research Company

Lawsuit Filings

Lawsuit: Fidelity Lined its Pockets with Secret Kickbacks at 401(k) Participants’ Expense [UPDATE]

February 21, 2019 A lawsuit alleges that investment manager Fidelity and several of its subsidiaries charge mutual funds secret fees for access to retirement plan customers.

Fidelity Used Retirement Plan to Boost Its Mutual Fund Business, Class Action Suit Alleges

October 12, 2018 A class action alleges Fidelity and several related entities failed to manage a plan with $15 billion in assets with “the care, skill, or diligence” one would expect given the size of the plan.