UnitedHealth reaches settlement in ERISA class action case

Dec 17, 2024  · UnitedHealth Group Inc has agreed to a $69 million settlement to resolve allegations that it breached fiduciary duties under the Employee Retirement Income Security …


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UnitedHealth Reaches Settlement In ERISA Class Action Case

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Dec 17, 2024  · UnitedHealth Group Inc has agreed to a $69 million settlement to resolve allegations that it breached fiduciary duties under the Employee Retirement Income Security …

insurancebusinessmag.com

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United Healthcare Reaches $69M ERISA Lawsuit Settlement

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Dec 15, 2024  · A massive $69 million ERISA lawsuit settlement has pressured UnitedHealth Group to resolve allegations of systematic underpayments. This UnitedHealth Group lawsuit …

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UnitedHealth Agrees To $69 Million Settlement In Lawsuit Over …

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Dec 27, 2024  · After three years of litigation, UnitedHealth Group has agreed to pay $69 million to settle a class-action lawsuit, Snyder v.UnitedHealth Group, et al., according to an …

treasuryandrisk.com

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UnitedHealth Settles $69M ERISA Suit Over 401(k) Performance

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Dec 13, 2024  · The settlement amount is believed to be the largest ever of an ERISA case stemming from poorly performing investment options in a 401(k) plan. The settlement remains …

401kspecialistmag.com

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UnitedHealth To Pay $69 Million In Class Action Suit

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Dec 13, 2024  · UnitedHealth Group has agreed to pay $69 million to settle a class-action lawsuit that accused the company of breaching fiduciary duties under the Employee Retirement …

consumeraffairs.com

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$69M UnitedHealth Settlement Resolves Class Action Lawsuit Over …

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Dec 20, 2024  · New to ClassAction.org? Read our Newswire Disclaimer. UnitedHealth Group and several affiliates have agreed to pay a $69 million settlement that, if approved by the court, will …

classaction.org

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UnitedHealth Group OKs $69M Settlement In Class Action Suit

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Dec 13, 2024  · The law firm said the settlement amount is “believed to be the largest ever of an ERISA case stemming from poorly performing investment options in a 401(k) plan.”

tcbmag.com

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‘Historic’ Excessive Fee Suit Strikes $69 Million Settlement

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Dec 16, 2024  · The parties in an excessive fee suit have settled for what is said to be the “largest ever of an ERISA case stemming from poorly performing investment options in a 401(k) plan.” …

napa-net.org

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UnitedHealth Agrees To $69M Settlement In Lawsuit Over 401 (k) Plan

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Dec 16, 2024  · According to the proposed settlement, the plaintiff hired an expert who calculated potential damages ranging from approximately $276.1 million to $339.8 million. The proposed …

beckerspayer.com

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UnitedHealth Settles $69M ERISA Suit - USA Herald

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Dec 13, 2024  · UnitedHealth Group will pay $69 million to settle a class action alleging it kept underperforming Wells Fargo funds in its 401(k) plan to maintain a business relationship with …

usaherald.com

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UnitedHealth's $69 Million Wells Fargo Fund Pact Gets Court Nod

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4 days ago  · UnitedHealth Group Inc.'s $69 million class settlement over the Wells Fargo & Co. target date funds offered by its 401(k) plan received initial court approval.. Judge John R. …

bloomberglaw.com

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UnitedHealth Group Settles $69M 401(k) Lawsuit, Denies Wrongdoing

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Dec 16, 2024  · UnitedHealth Group Inc. has agreed to a $69 million settlement in a class action lawsuit alleging violations of fiduciary duties under ERISA by retaining poorly performing …

businessinsurance.com

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Judge Gives Initial OK To UnitedHealth's $69M 401(k) Settlement

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5 days ago  · A Minnesota federal judge has given preliminary approval to UnitedHealth's agreement to pay $69 million to settle a class-action lawsuit alleging the company prioritized …

beckerspayer.com

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UnitedHealth Agrees To $69M Settlement In Lawsuit Over 401 (k) Plan

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Dec 16, 2024  · UnitedHealth Group has agreed to pay $69 million to settle a class-action lawsuit that alleged the company put its business relationship with Wells Fargo ahead of information …

beckerspayer.com

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UnitedHealth Group Agrees To $69 Million Settlement In 401 (k) Suit

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Dec 17, 2024  · UnitedHealth Group will pay $69 million to settle a class-action lawsuit brought by an employee alleging that the health care giant cost workers millions in lost gains by forcing …

coregroupusa.com

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UnitedHealthcare Agrees To Pay Millions To 12,000 People In …

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3 days ago  · UnitedHealthcare agreed to settle a $2.5 million class action lawsuit. The suit claims the company made marketing calls to individuals without their consent.

newsweek.com

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UnitedHealthcare Settles Proton Beam Therapy Coverage Lawsuits

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3 days ago  · UnitedHealth agrees to $69M settlement in lawsuit over 401(k) plan; Justice Department sues UnitedHealth over Amedisys deal; What a 2nd Trump administration could …

beckerspayer.com

FAQs about UnitedHealth reaches settlement in ERISA class action case Coupon?

Will UnitedHealth Group pay $69 million to settle ERISA lawsuit?

UnitedHealth Group has agreed to pay $69 million to settle an ERISA class action litigation, Snyder v. UnitedHealth Group, et al, it was announced today by law firm Sanford Heisler Sharp McKnight. “This is a tremendous and historic result for our Plaintiff and Plan participants.” ...

Did UnitedHealth pay $69 million to settle a 401(k) lawsuit?

(Provided by UnitedHealth Group/guest) UnitedHealth Group agreed to pay $69 million to settle a class-action lawsuit from an employee who alleged the health care giant offered its employees lower-performing 401 (k) options than it could have, costing workers hundreds of millions in lost investment profits. ...

Why did UnitedHealth Group settle a 401(k) ERISA case?

UnitedHealth Group, et al, it was announced today by law firm Sanford Heisler Sharp McKnight. “This is a tremendous and historic result for our Plaintiff and Plan participants.” The settlement amount is believed to be the largest ever of an ERISA case stemming from poorly performing investment options in a 401 (k) plan. ...

Will UnitedHealth Group pay $69 million to settle a class-action lawsuit?

After a long-fought legal battle, UnitedHealth Group has agreed to pay $69 million to settle a class-action lawsuit alleging breaches of fiduciary duties under the Employee Retirement Income Security Act of 1974. ...

Why did UnitedHealth Sue?

The lawsuit against UnitedHealth alleged that by retaining a poorly performing investment option for more than a decade, the company and its investment committee failed to act prudently and in the sole interest of plan participants, in violation of the defendants’ fiduciary duties and the federal Employee Retirement Income Security Act. ...

Did UnitedHealth breach fiduciary duties under ERISA?

Image (c) ConsumerAffairs UnitedHealth Group has agreed to pay $69 million to settle a class-action lawsuit that accused the company of breaching fiduciary duties under the Employee Retirement Income Security Act (ERISA) of 1974. ...

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