The settlement will benefit anyone who participated in the WakeMed Retirement Savings Plan, together with all other defined contribution plans sponsored by WakeMed at any time during between Aug. 25, 2014, and May 4, 2021. You may be eligible for a potential award from the WakeMed Health and Hospitals Retirement Plan Class Action Lawsuit!
According to the class action, the plaintiffs alleged WakeMed breached its fiduciary duties under the federal Employee Retirement Income Security Act (ERISA) by selecting and maintaining mutual funds that were more expensive than other options and by failing to appropriately structure certain plan expenses. So if you are eligible, file a claim by October 29, 2021 to receive your potential award!
WakeMed Health and Hospitals Retirement Plan CAL
- Claim Form Deadline: October 29, 2021
- Who’s Eligible: Anyone who participated in the WakeMed Retirement Savings Plan, together with all other defined contribution plans sponsored by WakeMed — including plans offered under §457 of the Internal Revenue Code — at any time during between Aug. 25, 2014, and May 4, 2021 (the Class Period), as well as any beneficiary of a deceased person who participated in the plan at any time during the Class Period and any alternate payee of a person subject to a Qualified Domestic Relations Order who participated in the plan during the Class Period.
- Estimated Amount: Varies
- Proof of Purchase: No proof of purchase is necessary.
- Case Name & Number: Conte, et al. v. WakeMed, Case No. 5:21-cv-00190-D in the U.S. District Court for the Eastern District of North Carolina
(Click here to file a claim)
How To File a Claim
- Head over to the WakeMed Health and Hospitals Retirement Plan Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award by October 29, 2021!
Bottom Line
The settlement will benefit anyone who participated in the WakeMed Retirement Savings Plan, together with all other defined contribution plans sponsored by WakeMed at any time during between Aug. 25, 2014, and May 4, 2021. You may be eligible for a potential award from the WakeMed Health and Hospitals Retirement Plan Class Action Lawsuit!
If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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