$4.5M Deal Gets Final OK In ERISA Lawsuit Over Proprietary Index Funds

( January 29, 2025, 9:00 AM EST) -- NEW YORK — A New York federal magistrate judge has granted final approval to a $4.5 million class settlement in an Employee Retirement Income Security Act case over the selection and retention of proprietary index fund products, awarding $1.5 million of that sum for attorney fees and a total of $45,000 for incentive awards....