New lawsuit makes serious allegations that TIAA stacked the deck to enhance profitability

New Lawsuit Targets TIAA and Morningstar

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A new fiduciary case, Kelley v. TIAA,  has been filed against TIAA and Morningstar. This case is different than the typical “fees are too high and returns are too low” type of case –it contains some significant new accusations against TIAA and raises new issues. If this case succeeds, it could have some far-reaching implications. […] Read more »