Some 5,000 employees and retirees of the African Methodist Episcopal Church who filed a class-action lawsuit against the denomination in 2022 after a former church executive allegedly squandered some $90 million of their retirement savings on “foolish” and risky investments, have reached a settlement that will begin restoring some of the lost money. #AfricanMethodistEpiscopalChurch #RetirementFunds #Stolen
AME Church reaches settlement to restore missing retirement funds
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