In 2016, the top 10 class-action settlements in lawsuits brought under the Employee Retirement Income Security Act totaled $807.4 million, according to the 13th edition of the Workplace Class Action Report, published by the law firm Seyfarth Shaw LLP.

That was down from the previous two years, when the top 10 settlements totaled $926.5 million in 2015, and $1.31 billion in 2014.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.