ERISA Class Action Settlements Reached Record High Total in 2017

ERISA class action settlements reached nearly $1 billion in 2017, a record year for class-action lawsuits with over $2 billion paid by employers for litigation involving employment discrimination. Seyfarth Shaw’s Workplace Action Litigation Report for 2018 reports a cool $2.72 billion as the actual total spent by employers in employment discrimination suits. Seyfarth Shaw also reported key trends identified in last year’s cases--church plan exemption and 401(k) and 403(b) fees and investment suits against a range of employers. Learn more here.