pU.S. District Judge Timothy Black has approved a previously disclosed $179 million settlement and entered a final judgment in a dispute between AK Steel and retirees at its Butler, Pa., steel plant./ppThe AK Steel retirees had filed a class-action lawsuit in June 2009 to stop the company from making changes to their health insurance benefits. It had started making retirees pay a portion of their premiums in January 2010./ppWest Chester-based AK Steel is the largest Dayton-area company, with more than $4 billion in revenue./ppUnder the terms of the settlement, AK Steel will continue to pay for the benefits through 2014 and also pay $91 million to two trusts to cover future benefits for hourly and salaries retirees./ppIn return, the company has been relieved of liability for any benefits after 2014, and the lawsuit was dismissed.
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