$12.5M Settlement Proposed In ERISA Class Suit Over Retirement Plan Fees, Funds

Mealey's (October 25, 2022, 11:11 AM EDT) -- PHILADELPHIA — The plaintiffs in a dispute over retirement plan fees and funds have moved in Pennsylvania federal court for preliminary approval of a $12.5 million class action settlement under which Employee Retirement Income Security Act claims against Universal Health Services Inc. and a related defendant would be released and the case dismissed with prejudice....