RBC Capital Markets has received another lawsuit regarding its wealth accumulation plan. The suit was filed in the U.S. District Court for the Eastern District of New York by a group called Citizens United and alleges that RBC, which is based in Toronto, violated federal law when it sold The case comes as RBC prepares to defend itself in a trial bringing similar claims against the company.
RBC Capital Markets has received another lawsuit regarding its wealth accumulation plan. Two more employees have sued the firm for wrongfully withholding nearly $2m in benefits after failing to run the wealth accumulation plan in accordance with federal law. The case comes as RBC prepares to defend itself in a trial bringing similar claims against the company.