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GARNICK et al v. WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER et al
Case Number:
1:21-cv-00454
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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July 11, 2023
Wake Forest Medical Center To Pay $3.8M To Close ERISA Suit
Wake Forest Baptist Medical Center has agreed to pay $3.8 million to a class of 30,000 to end a lawsuit alleging it failed to tamp down on management fees and toss underperforming investment funds in its $2 billion retirement plan, according to a North Carolina federal court filing.
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May 23, 2023
Wake Forest Medical Center Strikes Deal To End ERISA Suit
Wake Forest Baptist Medical Center agreed to settle a proposed class action alleging it allowed its $2 billion retirement plan to be saddled with excessive record-keeping fees and lackluster investment options, according to a filing in North Carolina federal court.
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September 21, 2022
Wake Forest Baptist Must Face Suit Over $2B Retirement Plan
Wake Forest University's academic health system must face a lawsuit accusing it of mismanaging its $2 billion employee retirement plan, with a North Carolina federal judge rejecting the health system's motion to dismiss the suit Wednesday.