Judge Enters Final Approval Of $23.6M Settlement Fund In Anthem ERISA Class Action

(September 9, 2019, 1:39 PM EDT) -- INDIANAPOLIS — An Indiana federal judge on Sept. 4 entered an order of final approval of a $23.65 million class action settlement in a lawsuit filed by 401(k) plan participants who allege that the retirement plan breached its fiduciary duties under the Employee Retirement Income Security Act by providing plan participants with an imprudent investment fund and by charging plan participants excessive administrative fees and awarded more than $8 million in attorney fees and costs to class counsel (Mary Bell, et al. v. Pension Committee of ATH Holding Company LLC, et al., No. 15-02062, S.D. Ind., 2019 U.S. Dist. LEXIS 150302)....