CalPERS class action settlement

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US - CalPERS and an Alaskan industry plumbing pension fund have reached a settlement agreement with UnitedHeath Group over a class action lawsuit launched in 2006.

If agreed by all parties, the defendant would pay out US$895m to distribute between class members. At the time of the case filing, the California Public Employees' Retirement System (CalPERS), a...

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