UnitedHealth's $69 Million Wells Fargo Fund Pact Gets Court Nod
Jan 27, 2025 · 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. …
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UnitedHealth's $69 Million Wells Fargo Fund Pact Gets Court Nod
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Jan 27, 2025 · 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 To Pay $69 Million In Class Action Suit
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Dec 13, 2024 · The lawsuit, filed in April 2021, claimed that UnitedHealth kept poorly performing target-date funds, specifically the Wells Fargo Target Fund Suite, on its 401(k) investment menu.
consumeraffairs.com
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$69M UnitedHealth Settlement Resolves Class Action Lawsuit Over …
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Dec 20, 2024 · UnitedHealth Group and several affiliates have agreed to pay a $69 million settlement that, if approved by the court, will resolve a proposed class action lawsuit that …
classaction.org
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UnitedHealth Settles Class Action Over Poorly Performing 401(k) …
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Jan 24, 2025 · UnitedHealth has agreed to settle a three-year-long class action battle for $69 million, the largest ever settlement in an Employee Retirement Income Security Act (ERISA) …
hallbenefitslaw.com
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UnitedHealth Group Settles 401(k) Fund Complaint For $69 Million
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Dec 13, 2024 · After more than three years of litigation, UnitedHealth Group Inc. has agreed to a $69 million settlement in a class action lawsuit involving fund selection for its 401(k) Savings …
planadviser.com
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UnitedHealth Agrees To $69 Million Settlement In Lawsuit Over …
2 weeks from now
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 Group OKs $69M Settlement In Class Action Suit
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Dec 13, 2024 · Minnetonka-based health insurance giant UnitedHealth Group has agreed to pay $69 million to settle a class action suit alleging the company violated its fiduciary duties to its …
tcbmag.com
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UnitedHealth Agrees To $69M Settlement In Lawsuit Over ‘low …
2 weeks from now
Dec 13, 2024 · The suit alleged the company's 401(k) retirement plan invested in low-performing target-date funds; that CFO John Rex gave preferential priority to UnitedHealth's relationship …
benefitspro.com
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UnitedHealth Group To Cough Up $69 Million Over Poor …
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Dec 13, 2024 · UnitedHealth Group will pay $69 million to settle a class action suit related to low-performing investments in its 401(k) plan linked to Wells Fargo target date funds, according to …
pionline.com
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UnitedHealth Inks $69 Million Deal Over Wells Fargo 401(k) Funds
2 weeks from now
Dec 13, 2024 · UnitedHealth Group Inc. agreed to pay $69 million to settle a class action challenging the use of Wells Fargo & Co. target date funds in its $15 billion 401(k) plan. The …
bloomberglaw.com
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$69 Million Settlement In ‘Historic’ Excessive Fee Suit
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Dec 18, 2024 · The suit — filed in April 2021 by participant-plaintiff Kim Snyder — claimed that UnitedHealth refused to remove the allegedly underperforming Wells Fargo Target Fund Suite …
asppa-net.org
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UnitedHealth Group Agrees To $69 Million Settlement In 401(k) Suit
2 weeks from now
Dec 17, 2024 · UnitedHealth Group will pay $69 million to settle a class-action lawsuit brought by an employee alleging mismanagement of their 401(k) plan. ... The Wells Fargo fund was “one …
insurancenewsnet.com
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UnitedHealth Agrees To $69M Settlement In Lawsuit Over 401 (k) Plan
2 weeks from now
Dec 16, 2024 · UnitedHealth Group has agreed to pay $69 million to settle a class-action lawsuit that alleged the company prioritized its business relationship with Wells Fargo over concerns …
beckerspayer.com
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UnitedHealth Group Agrees To $69 Million Settlement Over Low …
2 weeks from now
Dec 16, 2024 · 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) …
startribune.com
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UnitedHealth To Pay $69 Million To Settle Wells Fargo 401(k) Funds ...
2 weeks from now
Dec 13, 2024 · -- UnitedHealth Group agreed to pay $69 million to settle a class action that accused the company of breaching its fiduciary duty by not removing the Wells Fargo Target …
marketscreener.com
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UnitedHealth Group Agrees To $69 Million Settlement In 401 (k) Suit
2 weeks from now
Dec 17, 2024 · The 401(k) lawsuit dates to 2021 when lead plaintiff Kim Snyder alleged interference by the company’s CFO to retain certain Wells Fargo funds within the 401(k) plan. …
coregroupusa.com
FAQs about UnitedHealth's $69 Million Wells Fargo Fund Pact Gets Court Nod Coupon?
Why did UnitedHealth Group settle a class-action lawsuit against Wells Fargo?
Did UnitedHealth Group settle a class action lawsuit?
Will UnitedHealth Group pay $69 million to settle 401(k) lawsuit?
Was Wells Fargo a customer of UnitedHealth Group?
Was UnitedHealth's decision influenced by Wells Fargo's financial relationship?
Why did UnitedHealth retain Wells Fargo funds?
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