Aetna 401(k) Plan Breach of Fiduciary Duty in Aetna-CVS Merger Complaint

September 4, 2020

What happens to 401(k) plans when two companies merge? This class action concerns the merger of Aetna, Inc. and CVS Health Corporation during which the Aetna 401(k) plan was converted into the CVS 401(k) plan. It brings suit on behalf of participants in the Aetna plan with Aetna stock in their accounts, claiming breaches of fiduciary duty and engagement in prohibited transactions, under the Employee Retirement Income Security Act of 1974 (ERISA).

Case Event File: Aetna 401(k) Plan Breach of Fiduciary Duty in Aetna-CVS Merger Complaint

Related to: Aetna 401(k) Plan Breach of Fiduciary Duty in Aetna-CVS Merger Class Action