New York Federal Judge Stays ERISA Case After Parties Say Settlement Is Near

Mealey's (March 25, 2020, 9:15 AM EDT) -- NEW YORK — In a March 24 order, a federal judge in New York granted a joint request to stay allegations by a 401(k) plan participant against an investment management firm, following a letter one day earlier indicating that a settlement in the case could be presented for preliminary approval within the next 60 days (Arthur Bekker, et al. v. Neuberger Berman Group LLC, et al., No. 16-6123, S.D. N.Y.)....