Planned $119.25M Class Settlement Bid In ERISA Dispute Was Disrupted

Mealey's (April 18, 2023, 11:07 AM EDT) -- NEW YORK — Days after a report that parties including the U.S. Labor secretary “had finalized all material terms” of an $119.25 million class action settlement involving several cases in a sprawling Employee Retirement Income Security Act dispute, two groups on April 17 asked a New York federal court to extend their deadline to respond to arbitration claimants’ motion to decertify the roughly 9,000-member class....

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