After 13 years, Haddock v. Nationwide settles for $140,000,000
On Friday December 12, 2014, the parties in Haddock v. Nationwide filed a motion for the court to approve a settlement worth $140,000,000. Originally filed in 2001, the lawsuit concerned the plaintiffs’ allegation that Nationwide received undisclosed revenue sharing payments from non-proprietary mutual funds in violation of ERISA. The procedural history is extensive with 6 … Continue reading After 13 years, Haddock v. Nationwide settles for $140,000,000