secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0000950170-23-033053
Event type: litigation
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SS&C Technologies reaches $124.6M global settlement of DST ERISA litigation
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- DST, Ruane, and Goldfarb to pay $124.625 million total; DST's share ~$55.1 million.
- Payment expected in Q4 2023, subject to court approval.
- Company previously accrued $51.5M; will record additional $3.6M liability in Q2 2023.
- All pending DST ERISA Matters to be dismissed with prejudice upon approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017023033053/0000950170-23-033053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017023033053/ssnc-20230714.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-033053

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