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Judge approves $16.5M settlement in suit against Caterpillar

A federal judge gave final approval Thursday to a $16.5 million settlement of a class action lawsuit filed against Caterpillar Inc. over fees in its 401(k) plans. The class consists of about 80,000 people, current and former plan participants dating back to July 1, 1992. All are eligible for monetary relief, and current plan participants will ...
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