ERISA class action tops $17bn

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US - Employment-related class action lawsuits look set to increase over the course of the year as a consequence of the recession, while 2008 payouts exceeded US$17bn, according to a report by law firm Seyfarth Shaw.

The Seyfarth Shaw Workplace Class Action Litigation Report showed last year, the top ten settlements for Employee Retirement Income Security Act-related (ERISA) class action cases topped US$17.7bn,...

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