Ambac

Court Grants Preliminary Approval To $2.55 Million Proposed Settlement With Defendants In Ambac Erisa Litigation

The Court has granted preliminary approval to the proposed settlement of $2.55 million in Veera v. Ambac Plan Administrative Committee, et al., 10-cv-4191 (HB) (S.D.N.Y).  In his class action complaint, Plaintiff Veera brought a lawsuit against the fiduciaries of the Ambac Financial Group, Inc. Savings Incentive Plan (“Plan”) in connection with the losses suffered by more »

Stay Updated on the Ambac ERISA Action by Liking Our Community Page on Facebook

If you are a current or former participant in the Ambac SIP, you are invited to follow the progress of the ERISA action on Facebook.  Simply Like our community page, and you will receive updates as they become available.