DST Systems: Investment Firm Inks $21M Deal In DST Workers' 401(k) Suit
The investment adviser Ruane Cunniff & Goldfarb Inc. struck a $21.4 million deal with a group of former DST Systems Inc. workers to settle a proposed class action in New York federal court accusing the firm of pursuing an unwise investment strategy for DST's 401(k) plan.
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DST Systems is a provider of advisory, technology and operations outsourcing services to the financial and healthcare industries.
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