Target’s $1.6 Million COBRA Class Settlement Gets Early Approval

Target Corp. can pay $1.6 million to settle a proposed class action claiming it failed to adequately notify employees of their right to remain on the company health plan after leaving their jobs, according to a ruling by a federal judge in the Middle District of Florida.

The deal is expected to provide net payments of about $10 to each of 92,000 people who received health coverage notices from Target but didn’t enroll in coverage. Judge Mary S. Scriven granted preliminary approval on Tuesday, five months after she approved a similar deal in a case against Marriott International Inc.

Target ...