January 30, 2024
A Vermont federal judge on Tuesday declined to toss the bulk of a proposed class action federal benefits lawsuit from ex-workers for the University of Vermont Medical Center alleging their $1.76 billion retirement plan was saddled with underperforming funds and higher fees, but agreed to drop injunctive relief claims.
May 10, 2023
The University of Vermont Medical Center stuffed its $1.76 billion retirement plan with underperforming funds and saddled participants with lofty fees that resulted in millions in losses, according to a proposed class action filed Wednesday.