Attorney Fee In ERISA Record-Keeping Suit Is Cut To 1/4 Of $4.1M Settlement

Mealey's ( April 17, 2024, 12:53 PM EDT) -- NEW HAVEN, Conn. — Adopting the approach to attorney fees used in a 2014 decision in a different Employee Retirement Income Security Act case, a Connecticut federal judge on April 16 awarded class counsel a quarter of a $4.1 million class settlement with Xerox Corp. and its retirement plan committee rather than the requested third....