Settlement Of Over $20.5M Wins Final OK In Medical Benefits For Retirees Case

( September 18, 2025, 2:20 PM EDT) -- SAN FRANCISCO — Noting that the claims relied “on evidence of oral misrepresentations and a lack of written plan amendment purporting to terminate the at-issue retiree medical benefits,” a California federal magistrate judge granted final approval to a $20,545,000 settlement under which the average gross recovery for members of the opt-out settlement class is estimated at $30,710.01....

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