Wake Forest Medical Center Retirement Plan Challenge Advances

A gavel rests on the desk of a judge in a courtroom. Photographer: Wodicka/ullstein bild via Getty Images Sept. 22, 2022, 2:42 PMSuit alleged high ...

September 23, 2022
2:40 AM

A gavel rests on the desk of a judge in a courtroom. Photographer: Wodicka/ullstein bild via Getty Images Sept. 22, 2022, 2:42 PMSuit alleged high recordkeeping fees, pricey fundsAll claims advance, though some comparisons rejectedFormer Wake Forest University Baptist Medical Center employees advanced their lawsuit accusing the institution of mismanaging its $2.3 billion retirement plan, when a North Carolina federal judge held that most of the comparisons in their complaint could support ERISA claims.

Jacklyn Wille