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id: 467, Created by Stan Vick Chase, Scout
Universal Health Services Inc. 401k Settlement
05 June 2014Class period Start
31 October 2022Class period End
28 February 2023Claim deadline
Universal Health Services Inc. agreed to pay $12.5 million to settle a class action lawsuit to avoid further litigation.
The complaint alleged that Universal Health Services, Inc. and the UHS Retirement Plans Investment Committee violated the Employee Retirement Income Security Act of 1974 (“ERISA”) in the administration of the Universal Health Services, Inc. Retirement Savings Plan (the “Plan”).
Those, who are or may be a Current Participant, Former Participant, Beneficiary or Alternate Payee of a Participant or Former Participant, of the Plan at any time on or after June 5, 2014 through and including October 31, 2022, can be intitled to the payout.
Plans (Investment, Pension, Insuranse)
Mary K. Boley, Kandie Sutter, Phyllis Johnson
Miller Shah LLP and Capozzi Adler, P.C.
Eastern District of Pennsylvania
Hon. Kearney, J.
Strategic Claims Services
Court hearing date
30 March 2023
+$12,500,000Total Settlement Amount