2 Class Members Object To Proposed $79M Settlement In ERISA ‘Top Hat’ Suit

Mealey's (May 18, 2020, 11:01 AM EDT) -- COLUMBIA, S.C. — In a May 15 brief filed in South Carolina federal court, a class member involved in a deferred compensation suit filed by a former Wells Fargo & Co. executive objected in to a proposed $79 million settlement on the basis that the proposed settlement violates a settlement order in a similar suit (Robert Berry, et al. v. Wells Fargo & Co., et al., No. 17-304, D. S.C.)....