By Emily Brill (December 20, 2019, 1:00 PM EST) -- In a relatively slow year for benefits rulings, multimillion-dollar settlements were the star of the show, with Dignity Health agreeing to pay $100 million to quash allegations it misused an ERISA exemption and the University of California wrapping up a nearly decadelong class action for $84.5 million.
MetLife, JPMorgan, SSM Health and ABB Inc. all inked high-dollar settlements in Employee Retirement Income Security Act suits this year, reaching deals that ranged from $55 million to $80 million.
Elite universities continued striking deals to end ERISA class actions that accused them of mishandling retirement plan fees and investments, with the Massachusetts Institute...
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