RH Donnelley Execs Reach $2M ERISA Class Deal

Law360, Los Angeles (July 10, 2012, 4:27 PM EDT) -- Beneficiaries of R.H. Donnelley Corp.’s retirement plan have reached a $2.1 million settlement over allegations that executives at the print and online directory company breached fiduciary duties by offering company stock as an investment option after the company's outlook soured, according to Monday court filings.

Plaintiffs seeking to represent more than 1,500 employees and other retirement plan beneficiaries of R.H. Donnelley, now called Dex One Corp., asked U.S. District Judge Robert W. Gettleman to approve settlement of their Employee Retirement Income Security Act claims against company...
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