Judge Approves ERISA Class Action Settlement As ‘Fair, Just, Reasonable, Adequate’

Mealey's (March 6, 2018, 10:09 AM EST) -- SAN DIEGO — A California federal judge on March 2 approved a class action settlement in an Employee Retirement Income Security Act dispute as being “fair, just, reasonable, adequate” and “in the best interests of the class and its members,” further noting that “class members will receive substantial sums” under the settlement (Geoffrey Moyle, et al. v. Liberty Mutual Retirement Benefit Plan, et al., No. 10-2179, S.D. Calif., 2018 U.S. Dist. LEXIS 34730)....