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Articles Posted in settlement

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11th Circuit Holds that Settlement Amounts may Count as Basis for Bad-Faith Claims

  Recently, an 11th Circuit Court in Florida held that when a private settlement constitutes an “excess judgment” under an insurance policy, the insured(s) can use the amount in the settlement to bring a bad-faith claim against their insurer. This decision overturns a previous 2019 decision (which was unpublished) stating…

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North Carolina Court Grants Class Certification and Approves Settlement Amount in ERISA Case

Recently, a Federal Court in North Carolina approved a settlement for over $3 million between a Coca-Cola (Defendant) bottling plant and a class of former employees. The named Plaintiffs brought the action against the Defendant alleging that the company had violated their fiduciary duties by presenting “risky” investment options to…

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