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Providence Health Retirement Plans Settlement

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Case Summary: 

Providence Health & Services is electing to settle a class action claiming it violated its fiduciary duties with respect to tis 401(a) Service Plan, its Multiple Employer 401(k) Plan, and its 403(b) Value Plan. The complaint alleged that those in charge of the plan made imprudent selection of investment options when there were superior, less expensive options available.

Docket Number: 
C17-1779-JCC
Company: 
Providence Health & Services
Class Period: 
Monday, November 28, 2011 to Friday, February 22, 2019
Objection Deadline: 
Monday, June 24, 2019
Final Approval Hearing: 
Tuesday, July 9, 2019
Providence's Office Park in Oregon