Court Grants Final Approval in Ameritas/ Union Central ERISA Litigation
Posted on September 12th, 2014
On September 10, 2014 Judge Susan J. Dlott of the Southern District of Ohio granted final approval of the 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). In granting this approval, Judge Dlott held that the $2.25 million settlement fund made available to those who have retirement plans with Union Central or Ameritas and the required changes in business practices are fair, reasonable, and adequate. For more information regarding the settlement, visit http://www.revenuesharingsettlement.com.
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