Parties Agree In Principle To Settlement In ERISA Suit Over Recordkeeping Fees

Mealey's (October 17, 2022, 1:28 PM EDT) -- NEW HAVEN, Conn. — Following private mediation, the parties in an Employee Retirement Income Security Act suit over a retirement plan’s allegedly excessive recordkeeping fees have reached an agreement in principle to “the material terms of a class-wide settlement,” they told a Connecticut federal court on Oct. 14....