# Judge approves $650,000 settlement for 100 workers after alleged $1.3M retirement savings loss

- Source: World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India
- Published: 2026-11-04T17:44:20+00:00
- Category: Local
- Original: https://timesofindia.indiatimes.com/world/us/a-north-carolina-worker-alleged-his-company-failed-to-prevent-a-1-3-million-loss-in-employees-retirement-savings-a-federal-judge-has-now-approved-a-settlement-of-up-to-650000-for-around-100-plan-members/articleshow/135547013.cms
- Canonical: https://groundlevelnews.com/story/judge-approves-650-000-settlement-for-100-workers-after-alleged-1-3m-r-67bcf8/

In an important ruling, a federal judge in North Carolina approved a settlement totaling up to $650,000 for employees of Republic Mortgage. This decision follows allegations of mishandled retirement savings during the firm's closure, affecting around 100 workers who incurred notable financial losses. The settlement not only provides compensation but also includes the costs of legal fees and admini

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