Problems In Notice Plan Preclude Approval Of California ERISA Settlement

Mealey's (April 6, 2020, 8:06 PM EDT) -- SAN FRANCISCO — In a March 30 ruling, a California federal judge cited “minor deficiencies” in a proposed notice plan as grounds for denying preliminary approval of an $8.5 million class settlement in a dispute over Safeway Inc.’s 401(k) retirement plan (Maria Karla Terraza v. Safeway Inc., et al., No. 16-3994, N.D. Calif.)....