Attorney Fees In ERISA Class Settlement Are Cut To 30% Of $6.1M Common Fund

(June 24, 2024, 8:53 AM EDT) -- BIRMINGHAM, Ala. — Granting final approval of a $6.1 million class settlement over alleged mismanagement of a retirement plan, an Alabama federal judge awarded attorney fees of $1.83 million rather than the requested $2,033,333.13....