A final settlement of $57 million has been agreed to in Spano v. Boeing Inc., a landmark fee case filed under the Employee Retirement Income Security Act.
The case was settled last August just as it was scheduled to go to trial, almost 10 years after the claim was originally filed.
It is the second largest ERISA settlement on the books, after a $62 million settlement was agreed to in July in Abbott v. Lockheed Martin Inc. Plaintiffs in both cases were represented by St. Louis-based Schlichter, Bogard and Denton.
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