$124.6M Global Settlement In Sprawling ERISA Litigation Gets Preliminary OK

(August 4, 2023, 11:33 AM EDT) -- NEW YORK — A New York federal judge on Aug. 3 granted preliminary approval to a $124,625,000 global settlement to resolve two Employee Retirement Income Security Act class actions and all of the numerous related proceedings and arbitrations stemming from litigation over heavy investments in a single stock that resulted in large losses....