401(k) Participant Drops Data Breach Suit Against Plan Admin.

By Grace Elletson (March 3, 2023, 1:24 PM EST) — A 401(k) plan participant dropped his proposed class action in New York federal court against benefits administrator Transamerica, which had alleged it failed to protect workers’ personal data in a cybersecurity breach that he claimed allowed hackers to steal his and others identities….

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