Settlement Provides Guidance on Fiduciary Governance
Once the parties in complex litigation agree on the terms of a settlement, it is not common for a court to reject the settlement unless there is some profound error or injustice. As the the recent settlement in Goldenstar Inc. v. MassMutual Life Insurance Co. (see MassMutual Settles Excessive Fee Lawsuit) is very similar to … Continue reading Settlement Provides Guidance on Fiduciary Governance