January 28, 2019
Providence Health & Services has agreed to pay $2.25 million to end an Employee Retirement Income Security Act suit accusing the health system of burdening participants in its retirement plans with bad investments and excessive costs.
May 21, 2018
A Washington federal judge on Friday agreed in part with a retirement plan participant pursuing a proposed class action against Providence Health & Services that alleges the health system improperly managed a defined contribution plan, deciding to trim some of the organization's affirmative defenses.
March 22, 2018
A federal judge on Thursday refused to grant Providence Health & Services' bid to toss the entirety of a proposed class action accusing the health care system of mismanaging a defined contribution retirement plan, denying its bid to dismiss investment management claims for lack of standing.