Fidelity sued by Delta 401(k) participants over alleged fiduciary breach
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Claim alleges Fidelity 'wanted a piece of the action' when Financial Engines was hired to provide plan advice.
Participants in a Delta Air Lines Inc. 401(k) plan have sued units of Fidelity Investments, alleging fiduciary breaches in Fidelity's record-keeping role.
The case, Fleming et al. vs. Fidelity Management Trust Co. et al., was filed May 20 in the U.S. District Court in Boston. Delta isn't a party to
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