$8.25M Class Deal Ends ERISA Recordkeeping Case After Release Adjustments

( September 26, 2025, 10:41 AM EDT) -- BOSTON — Following last-minute adjustments suggested by the U.S. Department of Labor (DOL) and an independent fiduciary, a Massachusetts federal judge on Sept. 25 granted final approval to an $8.25 million class settlement that resolved an Employee Retirement Income Security Act suit over a retirement plan’s allegedly excessive recordkeeping fees....