American bank First Union has settled its pensions dispute with its employees for $26m (£18m), according to the bank and lawyers for plaintiffs.
Judge Richard Williams of the East Virginia US District Court, has given preliminarily approval for the settlement of the two class action lawsuits. Additionally, Judge Williams has scheduled a fin...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
