July 24, 2025
A Colorado federal judge on Thursday said a proposed class action will continue against a hospital over allegations of mismanaging employees' retirement funds after an amended complaint added new allegations about the fund's mismanagement.
January 06, 2025
A Colorado federal judge on Monday agreed to initially toss a proposed class action alleging mismanagement of a faith-based nonprofit hospital's retirement plan, finding the plaintiffs haven't backed up their allegations of investment underperformance.
June 16, 2023
Three Colorado residents enrolled in retirement plans with the Sisters of Charity of Leavenworth Health System accused the company and its board of directors of failing to adequately review the plans' investment portfolio, resulting in the investment of a "materially underperforming" JPMorgan portfolio.