August 18, 2022
The Employee Retirement Income Security Act (ERISA) imposes the duties of loyalty and prudence on fiduciaries who look after retirement plans. In this case, the complaint alleges that Laboratory Corporation of America Holdings (Labcorp) has breached these duties to the Laboratory Corporation of America Holdings Employees’ Retirement Plan by “caus[ing] the Plan to pay unreasonable and excessive fees for recordkeeping and other administrative services.”
Case Event File: Labcorp Retirement Plan Recordkeeping Fees ERISA ComplaintRelated to: Labcorp Retirement Plan Recordkeeping Fees ERISA Class Action