Case Against Novant Health Settles Early for $32 Million

In the second settlement agreement filed in less than a week by the law firm of Schlichter, Bogard, & Denton, the parties in Kruger v. Novant Health have agreed to settle the case and have sought approval from the court in the Middle District of North Carolina. Defendants have agreed to pay $32 million and have agreed … Continue reading Case Against Novant Health Settles Early for $32 Million

Plan Sponsor Sued over $6 million Paid to Broker

by Thomas E. Clark, Jr. JD, LLM – March 13, 2014 On March 12, 2014, a class action ERISA lawsuit, Kruger v. Novant Health, Inc., was filed in the Middle District of North Carolina by a group of current and former participants in two 401(k) plans sponsored by Novant Health, Inc., a major hospital system in … Continue reading Plan Sponsor Sued over $6 million Paid to Broker