Parties In 401(k) Hardwiring Class Suit Agree To Clarify Scope Of Proposed Release

Mealey's (June 13, 2022, 10:46 AM EDT) -- BALTIMORE — After a Maryland federal judge cited recent Fourth Circuit U.S. Court of Appeals decision McAdams v. Robinson as cause for concern about the scope of released claims in a proposed settlement agreement, he asked if the parties in the class action over a retirement plan’s hardwiring amendment are willing to alter the terms to clarify that scope; they said yes in a joint June 9 notice including a proposed modified release....