Texas Federal Judge Withholds Ruling On Proposed $8.8 Million ERISA Class Action Settlement

Mealey's (November 23, 2016, 11:16 AM EST) -- FORT WORTH, Texas — A Texas federal judge on Nov. 18 withheld ruling on a plaintiffs’ motion for conditional certification and preliminary approval of an $8.8 million Employee Retirement Income Security Act class action settlement, saying that he did not have enough information to conclude that the proposed settlement should be approved as being fair, reasonable and adequate to the members of the proposed class (Salvador Ortiz, et al. v. American Airlines Inc., et al., No. 4:16-cv-151, N.D. Texas; 2016 U.S. Dist. LEXIS 160588)....