Class Counsel Get A Third Of $7.5M Settlement In ERISA Proprietary Trusts Row

( September 19, 2024, 10:15 AM EDT) -- FLORENCE, S.C. — A $7.5 million global class settlement in an Employee Retirement Income Security Act suit over a retirement plan’s use of proprietary collective investment trusts (CITs) has been granted final approval, with a South Carolina federal judge awarding $2.5 million of the settlement for attorney fees, $100,000 for service awards and $659,240.95 for litigation expenses....

Class Counsel Get A Third Of $7.5M Settlement In ERISA Proprietary Trusts Row

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