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$55 million, 12 years, 2 appeals and a 401(k) plan

Landmark 401(k) case reaches settlement

After more than 12 years of litigation, a trial marked by tragedy, a sizeable bench judgment and two trips to the federal appeals court, a $55 million settlement is bringing an end to a path-breaking class-action lawsuit involving a St. Louis company’s 401(k) plan.
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