Parties In ERISA Imprudence Case Over Funds Report Unspecified Global Deal

(May 7, 2024, 9:09 AM EDT) -- SAN FRANCISCO — With a bench trial imminent, parties in an Employee Retirement Income Security Act class action over the allegedly imprudent retention of certain funds told a California federal court on May 6 that they reached an unspecified agreement “in principle to a global resolution” of the class action and a recently filed related case....