Kraft Settles ERISA Class Action For $9.5M
By Amanda Bransford ( February 24, 2012, 2:51 PM EST) -- Kraft Foods Global Inc. and a class of employees asked an Illinois federal judge on Thursday to approve a $9.5 million settlement of claims that the food giant breached its duties under the Employee Retirement Income Security Act by illegally investing in a $3 billion retirement fund....
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