Court Grants Preliminary Approval to Settlement in Ameritas/Union Central ERISA Litigation

April 28, 2014

On April 28, 2014, the Susan J. Dlott, Chief Judge of the United States District Court for the Southern District of Ohio granted preliminary approval of the nationwide settlement reached in Butler National Corp. et al. v. Ameritas Life Insurance Corp. and Union Central Life Insurance Co., 1:12-CV-00177-SJD-K (S.D.Ohio). SFMS is lead counsel in this nationwide class action on behalf of 401(k) sponsors that utilize either Ameritas or Union Central as a service provider for their retirement plan. For more details regarding this settlement, please visit www.revenuesharingsettlement.com.

The Court has scheduled a final approval hearing for September 10, 2014. If you have any questions or require any additional information, please contact James E. Miller or Laurie Rubinow toll-free at (866) 540-5505.