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March 13, 2014

Plan Sponsor Sued over $6 million Paid to Broker – FRA PlanTools Blog

by The 401k Study Group ®

by Thomas E. Clark, Jr. JD, LLM – March 13, 2014 On March 12, 2014, a class action ERISA lawsuit, Kruger v. Novant Health, Inc., was filed in the Middle District of North Carolina by a group of current and former participants in two 401(k) plans sponsored by Novant Health, Inc., a major hospital system in the southeast. The plaintiffs allege …

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