July 15, 2022
This class action concerns the North Memorial Health 401(k) Plan, alleging that the parties responsible for it—North Memorial Health Care and the Board of Directors of North Memorial Health Care and its members—breached their fiduciary duties to the plan under the Employee Retirement Income Security Act of 1974 (ERISA). The complaint alleges that in choosing investment options and retaining service providers, the defendants did not exercise their duties of prudence and loyalty.
Case Event File: North Memorial Health 401(k) Plan Breach of Fiduciary Duties ComplaintRelated to: North Memorial Health 401(k) Plan Breach of Fiduciary Duties Class Action