Judge Won't Bless Deal To End Dignity Health ERISA Suit

Law360 (June 15, 2020, 5:02 PM EDT) -- A federal judge again refused to bless a settlement requiring Dignity Health to pay as much as $747 million to end a suit claiming it underfunded its pension plan, saying thousands of ex-workers could end up with much less than what their claims were allegedly worth. 

U.S. District Judge Jon S. Tigar on Friday denied without prejudice a bid from a proposed class of current and former Dignity Health workers for preliminary approval of the deal to settle the suit, which accused the health system of underfunding the plan by $1.8 billion.

While the judge said the plaintiffs resolved issues he outlined...

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