$5M Class Settlement Wraps ERISA Suit Over Health System Retirement Plans

(July 10, 2024, 8:25 AM EDT) -- DETROIT — Granting final approval to a $5 million class settlement in a suit challenging numerous aspects of the management of two Henry Ford Health System (HFHS) retirement plans, a Michigan federal judge awarded a third of that amount as attorney fees and $7,500 to each of the four named plaintiffs as an incentive....