College educators have reached a $19.5 million class action settlement with TIAA-CREF for lost profits on delayed trades.
March 06, 2014 at 02:00 PM
1 minute read
At the leading retirement fund for academics, procrastination often meant money in the bank.
When college educators asked for changes in their retirement accounts, they alleged Teachers Insurance and Annuity Association-College Retirement Equities Fund, better known as TIAA-CREF, sometimes would wait up to a month to execute trades.
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