Settlement Of ERISA Case Over Hedge Fund Gets Final OK; $10M Goes To Attorneys

(November 28, 2023, 2:20 PM EST) -- NEW YORK — A $30 million Employee Retirement Income Security Act class settlement has won final approval, with a New York federal judge also granting requests for attorney fees of $10 million and a case contribution award of $30,000 to the plaintiff who sued Verizon Communications Inc. and related entities over what she calls “a hedge fund ‘fund of funds.’”...

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