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Mealeys

Mealey's Labor & Employment - Federal Judge Grants Final Approval Of Settlement In ERISA Class Action Suit

BOSTON - A Massachusetts federal judge on Dec. 5 approved a $6.8 million class action settlement in a suit alleging that a retirement plan was mismanaged after finding that the settlement is fair, reasonable and adequate to the class members (Melissa Velazquez, et al. v. Massachusetts Financial Services Co., d/b/a MFS Investment Management, et al., No. 17-11249, D. Mass.).
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