$5.75 Million Settlement Preliminarily Approved In Retirement Plan Management Suit

Mealey's (March 5, 2021, 8:16 AM EST) -- LOUISVILLE, Ky. — A federal judge in Kentucky on March 1 conditionally certified a class of participants in a 403(b) retirement savings plan who allege plan mismanagement in violation of the Employee Retirement Income and Security Act and granted preliminary approval of a $5,750,000 settlement agreement....