There was a lawsuit, Cain was a defendant, it was settled out of court. Good people lost their retirement just like they did with the Enron mess. You don’t have to soil your conservative eyes on a liberal rag’s site.
Here’s the court case:
Herman Cain was dropped as a defendant in that case. I bet you knew that already though, did you not?
As your own documentation cites, Cain was dropped as a defendant from that case by the plaintiffs.