Attorney Fees, Costs And Service Awards Ordered In Fidelity ERISA Settlement

Mealey's (March 5, 2021, 8:32 AM EST) -- BOSTON — A federal judge in Massachusetts on Feb. 26 issued an order approving attorney fees, costs and service awards, three days after the parties who reached a $28.5 million class action settlement in a breach of fiduciary lawsuit brought by a group of retirement plan participants in a Fidelity Investment employee savings plan against Fidelity filed a joint letter seeking guidance from the court regarding the amounts approved after the settlement was granted final approval on Jan. 22....