Class Counsel Get A 3rd Of $9M Global Deal In ERISA Proprietary Funds Suit

Mealey's ( December 19, 2024, 1:08 PM EST) -- CINCINNATI — An Ohio federal magistrate judge on Dec. 18 granted final approval to a global $9 million settlement of an Employee Retirement Income Security Act class action over proprietary funds, from which she authorized paying the requested amounts of $3 million for attorney fees and $30,000 for service awards....