NY Hospital Strikes Deal In Suit Over Retirement Plan Lineup

By Patrick Hoff · May 20, 2026, 7:15 PM EDT

A Long Island hospital agreed to settle a proposed class action alleging it cost workers millions of dollars in savings by loading its employee retirement plan with costly and underperforming investment...

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Documents

Case Information

Case Title

Jacobsen et al v. Long Island Community Hospital

Case Number

2:24-cv-00386

Court

New York Eastern

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

January 18, 2024