October 17, 2019
Allina Health System has agreed to pay $2.4 million to resolve a proposed class action alleging the company violated a federal benefits law by stuffing its retirement plans worth over $1 billion with overpriced and poorly performing investment options.
October 02, 2018
A Minnesota federal judge has decided to trim a proposed Employee Retirement Income Security Act class action against Allina Health System and multiple related entities, but stopped short of agreeing to toss the entire suit, which was filed by various former employees.
August 21, 2017
Allina Health System was hit with a proposed class action in Minnesota federal court on Friday by former employees who allege the company flouted the Employee Retirement Income Security Act by failing to make sure its retirement plan investment options were not detrimental to participants.