March 14, 2025
Nonprofit healthcare system Sutter Health will pay $4.3 million to settle a class action from workers alleging their employee retirement plan was saddled with excessive fees and poorly performing investments, according to filings in California federal court.
December 20, 2024
A health care company has agreed to settle a federal benefits class action from employee retirement plan participants alleging mismanagement, the parties told a California federal court Friday.
February 10, 2023
A health care company failed to win dismissal of a lawsuit alleging it mismanaged its workers' retirement plan by retaining lackluster investment funds with high fees, as a California federal judge ruled the workers adequately showed they may have been harmed by the organization's decisions.