$1M Settlement Gets Final OK In ERISA Suit Over 401(k) Termination Notice, Losses

Mealey's (January 26, 2023, 8:19 AM EST) -- CHICAGO — A federal judge in Chicago granted final approval to a $1 million class action settlement in a class Employee Retirement Income Security Act suit over a 401(k) plan termination in which participants alleged that they suffered losses because of allegedly untimely and inadequate notice....