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In re: Prime Healthcare ERISA Litigation
Case Number:
8:20-cv-01529
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 23, 2024
Prime Healthcare's 401(k) Was In Good Hands, Judge Rules
Prime Healthcare Services Inc. beat a proposed class action in a bench trial over claims it allowed its employee 401(k) plan to be saddled with poor-performing investments and high costs, after a California federal judge ruled that the plan was prudently managed.
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April 09, 2024
Prime Healthcare Lacked Oversight Of 401(k) Plan, Judge Told
An attorney who specializes in Employee Retirement Income Security Act litigation testified on Tuesday as the first witness in a California bench trial for two certified classes claiming Prime Healthcare Services Inc. poorly managed their 401(k) plans, and said the company's oversight of its investment committee was "almost a dereliction of duty."
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January 02, 2024
Prime Healthcare Workers Score Class Cert. In ERISA Suit
A California federal judge granted class certification to a suit claiming Prime Healthcare Services Inc. allowed its 401(k) plan to be saddled with poorly performing investments and high costs, saying the participants leading the suit weren't required to have invested in every fund they challenged.
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July 16, 2021
Judge Trims Prime Healthcare 401(k) Fee ERISA Suit
A federal judge kept most of a former employee's proposed federal benefits class action against Prime Healthcare Services Inc. alive on Friday, axing just one claim from the plan participants alleging the health care company knowingly breached the workers' trust.
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August 19, 2020
Prime Healthcare Faces Suit Over 401(k) Plan's Fees, Lineup
A former Prime Healthcare employee has hit the hospital system with a proposed class action in California federal court, alleging the company allowed its workers to invest their retirement savings in an expensive, poorly performing target-date fund that was too risky.