For­mer IQVIA em­ploy­ees push for class ac­tion law­suit, al­leg­ing mis­man­age­ment of 401(k) plan

Class ac­tion law­suits sur­round­ing the Em­ploy­ee Re­tire­ment In­come Se­cu­ri­ty Act (ERISA) have ex­plod­ed in re­cent years, sweep­ing up com­pa­nies like Trad­er Joe’s and Amer­i­can Air­lines. Af­ter a mo­tion filed in North Car­oli­na fed­er­al court this week, IQVIA could be next.

A group of for­mer IQVIA em­ploy­ees is look­ing to bring a class ac­tion law­suit against the com­pa­ny for al­leged mis­man­age­ment of its 401(k) plan that pur­port­ed­ly cost the plan and its par­tic­i­pants mil­lions of dol­lars.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER