Xerox Corp. reached a class settlement with about 900 retirees who accused the company of improperly charging premiums for their company-paid health insurance.

The parties are working to draft a settlement agreement and plan to file the deal for court approval within the next two weeks, they said in a joint filing. Their one-page letter, filed Wednesday in the US District Court for the Western District of New York, didn’t include details about the terms of the agreement.

The lawsuit was filed in 2020 by former Xerox employee Paul Vollmer, who says he retired under a 1986 enhanced retirement ...more here