Judge Trims Fees, Service Awards In $7.15M Class Settlement Of ERISA Case

( August 13, 2025, 10:26 AM EDT) -- BOSTON — With a Massachusetts federal judge granting final approval, an Employee Retirement Income Security Act lawsuit over a profit sharing plan settled on a class basis for $7.15 million with a reported average gross recovery of $89,000; however, the judge awarded reduced attorney fees and service awards....