Fidelity Investments CEO Abigail Johnson will not testify at a trial later this month over MIT’s allegedly improper use of her company to administer its 401(k) plan, under an agreement among Johnson and the current and former MIT workers who brought the lawsuit.
Last month, the workers put Johnson at the top of their witness list for the trial, which is set to begin Sept. 16. Johnson and Fidelity objected to the executive taking the stand, arguing it amounted to nothing more than a “transparent…