NY Hospital To Pay $3M In Suit Over Retirement Plan Roster

By Grace Elletson · August 20, 2026, 12:49 PM EDT

A Long Island hospital will pay $3 million to close a suit claiming it failed to trim pricey and underperforming investment funds from its retirement plan, costing workers millions of dollars...

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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