January 17, 2024
Former employees of DaVita Inc. told a Colorado federal court that the kidney dialysis company will pay $2 million to end their proposed class action accusing it of saddling their 401(k) plan with excessive fees that caused their retirement savings to lose millions of dollars.
October 31, 2023
DaVita Inc. agreed to settle a proposed class action accusing the kidney dialysis company of allowing its $2.6 billion 401(k) plan to pay excessive fees and losing millions of dollars in employee retirement savings, according to a filing in Colorado federal court.
July 27, 2023
A Colorado federal judge won't toss a federal benefits lawsuit from ex-workers of DaVita Inc. alleging the company saddled a $2.6 billion 401(k) retirement plan with excessive fees, finding recordkeeping fee allegations plausible but holding the proposed class couldn't challenge investment offerings in which they didn't invest.
August 29, 2022
DaVita urged a Colorado federal court to toss a proposed class action accusing the kidney dialysis company of allowing its $2.6 billion retirement plan to be charged excessive fees, arguing that the workers leading the suit weren't impacted by the allegedly high costs they're challenging.
March 23, 2022
A proposed class action filed Wednesday accused kidney dialysis company DaVita of allowing its $2.6 billion retirement plan to be charged exorbitant fees, causing employees to lose millions of dollars in savings.