Novant Health 401 Class Action Lawsuit

For all current and former participants and beneficiaries who participated in any of the following retirement plans below between Oct. 1, 1998, and Sept. 30, 2015, you are eligible for a potential award from the Novant Health 401 Class Action Lawsuit. According to the lawsuit, Novant breached its fiduciary duties by causing 401(k) retirement plan participants to pay millions of dollars in fees for excessive record-keeping and administrative services to third-party service providers Great-West Life & Annuity Insurance Co. and D.L. Davis & Co. of Winston-Salem. Novant denies all acts of wrongdoings, that they are liable at all to the claims, and that the Class or the Plans have suffered any harm or damage. So if you are eligible, file a claim by 9/12/16 to receive your potential award!

Novant Health 401 Class Action Lawsuit:

• Novant Health 401 Claim Form
• Claim Form Deadline: 9/12/16
• Who’s Eligible:Class Members include all current and former participants and beneficiaries who participated in any of the following retirement plans between Oct. 1, 1998 and Sept. 30, 2015:
  • The Savings and Supplemental Retirement Plan of Novant Health, Inc. and the Tax Deferred Savings Plan of Novant Health, Inc. (collectively, the “Retirement Plus Plan”)
  • The Franklin/Upstate 401(k) Plan
  • The Presbyterian Women’s Care Corp. 401(k) Plan
  • The Lakeside/Q-Neck 401(k) Plan
  • The 457(b) Retirement Plan of Novant Health, Inc.
• Estimated Amount: Varies.
• Proof of Purchase: N/A
• Case Name & Number: Karolyn Kruger M.D., et al. v. Novant Health Inc., et al.,  Case No. 14-cv-00208 District Court for the Middle District of North Carolina
  

How to File a Claim:

1. Head on over to the Novant Health Claim Form.
2. Read over the claim form to see if you qualify.
3. Fill out the claim form with your information.
4. Submit your claim by 9/12/16 to receive your potential award!

Bottom Line:

If you are a current and former participants and beneficiaries who participated in any of the following retirement plans written above, then you are eligible for a potential award from the Novant Health Class Action Lawsuit. According to the lawsuit, Novant breached its fiduciary duties by causing 401(k) retirement plan participants to pay millions of dollars in fees for excessive record-keeping and administrative services to third-party service providers Great-West Life & Annuity Insurance Co. and D.L. Davis & Co. of Winston-Salem. So if you qualify, make sure to submit your claim by 9/12/16 to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!

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