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Michelle Mills et al v. Molina Healthcare, Inc. et al
Case Number:
2:22-cv-01813
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 21, 2024
Healthcare Co. Beats Suit Over TDF Funds' Performance
A California federal judge granted a win to a healthcare company and its investment adviser in a class action challenging what former workers claim are shoddy target-date-funds included in the company's 401(k) plan, saying the funds at issue performed better than comparable investments.
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September 28, 2023
Ex-Health Care Co. Workers Preserve Bulk Of ERISA Case
A California federal judge largely denied a health care company's bid to escape a class action brought by former workers who accused it of mismanaging their 401(k) plan by retaining poorly performing investment funds, saying the many questions involved should be resolved at trial.
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January 18, 2023
Care Co. Workers Nab Class Cert. In 401(k) Flawed Funds Suit
A California federal judge awarded class certification to a group of Molina Healthcare Inc. workers who alleged the company mismanaged their 401(k) plan by failing to cut out poorly performing investment funds that saddled the plan with high fees.
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December 12, 2022
Managed Care Co. Molina Can't Sink Calif. Workers' 401(k) Suit
A California federal judge let an investment advisor escape a suit from former Molina Healthcare Inc. workers who said their 401(k) plan was filled with poorly performing yet costly investments, but let most of the claims against the managed care company move ahead.