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Teodosio et al v. DaVita, Inc. et al
Case Number:
1:22-cv-00712
Court:
Nature of Suit:
Employee Retirement Income Security Act (ERISA)
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 17, 2024
DaVita To Pay $2M To End ERISA Case Over 401(k) Fees
Former employees of DaVita Inc. told a Colorado federal court that the kidney dialysis company will pay $2 million to end their proposed class action accusing it of saddling their 401(k) plan with excessive fees that caused their retirement savings to lose millions of dollars.
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October 31, 2023
DaVita Strikes Deal To End ERISA Suit Over 401(k) Fees
DaVita Inc. agreed to settle a proposed class action accusing the kidney dialysis company of allowing its $2.6 billion 401(k) plan to pay excessive fees and losing millions of dollars in employee retirement savings, according to a filing in Colorado federal court.
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July 27, 2023
DaVita Can't Escape ERISA 401(k) Retirement Fee Suit
A Colorado federal judge won't toss a federal benefits lawsuit from ex-workers of DaVita Inc. alleging the company saddled a $2.6 billion 401(k) retirement plan with excessive fees, finding recordkeeping fee allegations plausible but holding the proposed class couldn't challenge investment offerings in which they didn't invest.
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August 29, 2022
DaVita Says ERISA Suit 'Not Interested In The Truth'
DaVita urged a Colorado federal court to toss a proposed class action accusing the kidney dialysis company of allowing its $2.6 billion retirement plan to be charged excessive fees, arguing that the workers leading the suit weren't impacted by the allegedly high costs they're challenging.
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March 23, 2022
Kidney Care Co. Mismanaged Retirement Plan, Suit Says
A proposed class action filed Wednesday accused kidney dialysis company DaVita of allowing its $2.6 billion retirement plan to be charged exorbitant fees, causing employees to lose millions of dollars in savings.