Schave v. CentraCare Health System et al
Case Number:
0:22-cv-01555
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 15, 2024
Minn. Health System To Pay $800K To End 401(k) Suit
A health system agreed to pay $800,000 to end a proposed class action accusing it of failing to remove costly and underperforming investment funds from its $1.7 billion retirement plans, a filing Wednesday in Minnesota federal court said.
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November 15, 2023
Minn. Health System To Settle 401(k) Mismanagement Suit
A Minnesota health system struck a deal to end a proposed class action alleging it failed to cut costly and underperforming investment funds from its $1.7 billion-strong retirement plans, costing about 31,000 beneficiaries millions in retirement savings.