After $38.76M Jury Verdict, Deal Is Reported In ERISA Fees Challenge

( May 5, 2025, 10:02 AM EDT) -- NEW YORK — Just over a week after a federal jury returned a $38,760,232 verdict in favor of a class of retirement plan participants who challenged the record-keeping and administration fees of a multiple employer retirement plan (MEP), a New York federal judge on May 2 stayed all deadlines in the Employee Retirement Income Security Act case on a report of “a settlement in principle.”...