Dossier
T. Rowe Price
Coverage of T. Rowe Price in the Nexus archive.
- Employees claim 401(k) mismanagement led to tens of millions in losses
Employees of Pitney Bowes filed a class-action lawsuit alleging the company's 401(k) administrators caused tens of millions in losses by retaining underperforming T. Rowe Price funds for over five years, violating ERISA fiduciary duties. The lawsuit claims the funds' poor performance and high costs led to significant retirement losses for participants.
- Why this fund manager who was an early proponent of Nvidia is now betting on AI’s space frontier
T. Rowe Price fund manager Tony Wang, an early advocate for Nvidia, is now focusing on AI bottlenecks and investing in space and light technologies for potential returns.