After nearly a decade's worth of litigation, a provisional settlement has been announced in Spano v. Boeing Inc., the 401(k) fee class action case that spawned a new era of litigation under the Employee Retirement Income Security Act.
As recently as this week, Boeing officials had vowed to fight the case until the end, according to reporting in the Wall Street Journal.
Trial was scheduled to begin Wednesday of this week in U.S. District Court for the Southern District of Illinois.
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