Plaintiffs Seek Preliminary Approval Of $14 Million Class Action Settlement

Mealey's (November 7, 2016, 7:40 PM EST) -- SAN FRANCISCO — Plaintiff attorneys on Oct. 26 filed a motion for preliminary approval of a proposed $14 million settlement in a class action over an amendment that eliminated the ability of pension plan participants to “age into” a subsidized early retirement benefit (Juan R. Reyes v. Bakery and Confectionary Union and Industry International Pension Fund, No. 14-5596, N.D. Calif.)....

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