UHS.US
id: 467
Universal Health Services Inc. 401k Settlement
E.D. Pennsylvania
Court06/05/2014
Class period Start10/31/2022
Class period End02/28/2023
Claim deadlineUniversal Health Services Inc. agreed to pay $12.5 million to settle a class action lawsuit to avoid further litigation.
The complaint alleged that Universal Health Services, Inc. and the UHS Retirement Plans Investment Committee violated the Employee Retirement Income Security Act of 1974 (“ERISA”) in the administration of the Universal Health Services, Inc. Retirement Savings Plan (the “Plan”).
Those, who are or may be a Current Participant, Former Participant, Beneficiary or Alternate Payee of a Participant or Former Participant, of the Plan at any time on or after June 5, 2014 through and including October 31, 2022, can be intitled to the payout.
Case Status
Disbursed
Alleged Offence
Other
Suspected Party
Other
Security Type
Plans (Investment, Pension, Insuranse)
Trade Direction
Long
Plaintiffs
Mary K. Boley, Kandie Sutter, Phyllis Johnson
Attorneys
Miller Shah LLP and Capozzi Adler, P.C.
Judge
Hon. Kearney, J.
Administrator
Strategic Claims Services
Court hearing date
03/30/2023
Trades matching type
FIFO
+$12,500,000
Cash Settlement Amount