( December 19, 2025, 4:16 PM EST) -- WILMINGTON, Del. — One of the first Employee Retirement Income Security Act cases in which a U.S. Circuit Court of Appeals applied the “effective vindication” doctrine in declining to compel individual arbitration has been resolved by an $8 million class settlement that the plaintiff said will yield average net distributions of more than $8,500 per class member; the suit filed in a Delaware federal court challenged a 2016 employee stock ownership plan (ESOP) transaction....