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McNeilly et al v. Spectrum Health System et al
Case Number:
1:20-cv-00870
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
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Companies
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August 02, 2023
Class Attys Get $2M Fees In Spectrum Health $6M ERISA Deal
A Michigan federal judge on Tuesday signed off on a request for nearly $2 million in fees to counsel representing a nearly 30,000-member strong class in a case against a hospital network accused of mismanaging its massive retirement plan, which plaintiffs claimed resulted in high-cost investments and exorbitant fees.
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March 13, 2023
Hospital Network Strikes $6M Deal In Sweeping ERISA Suit
A Michigan hospital network agreed to pay $6 million to settle a class action alleging it allowed its $1.6 billion employee retirement plan to be saddled with high-cost investments and excessive fees, according to a federal judge's Monday order granting preliminary approval.