Russell Investments Trust Co. secured initial court approval for a $500,000 class settlement over its handling of
The partial settlement resolves about 10,000 Royal Caribbean plan participants’ claims against Russell, which they accused of carrying out a “self-serving swap” of their 401(k) investment lineup in favor of its own poorly performing funds. Judge Beth Bloom granted preliminary approval to the deal and scheduled an April 2, 2026, fairness hearing in an order issued Thursday in the US District Court for the Southern District of Florida. ...