Boeing is moving to settle a lawsuit accusing it of mishandling its 401(k) plan for thousands of workers. The case is part of a legal assault by a consumer rights attorney to stop companies from offering employees high-cost, bad retirement plans.
Under federal law, employers are required to act in their workers' best interests in retirement plans, though it's not enforced very much by regulators. But Jerry Schlichter, a consumer rights lawyer in St.