Sutter Health’s $4.3 Million Retirement Plan Deal Gets Court Nod

A $4.3 million class settlement benefiting Sutter Health workers secured initial court approval, paving the way for resolution of a lawsuit challenging the target-date funds in the California health-care system’s retirement plan.

The agreement is expected to benefit about 73,000 people covered by the Sutter plan since July 2014.

• Judge Lee H. Rosenthal granted preliminary approval to the deal and scheduled an April 10, 2026, fairness hearing in an order issued Thursday in the US District Court for the Eastern District of California
• Rosenthal, who sits in the US District Court for the Southern District of Texas, was assigned to ...