IN RE QUEST DIAGNOSTICS ERISA LITIGATION
Case Number:
2:20-cv-07936
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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September 26, 2024
Quest Diagnostics Escapes 401(k) Mismanagement Suit
A New Jersey federal judge tossed a proposed class action alleging Quest Diagnostics Inc. mismanaged its $5 billion retirement plan by failing to chop under performing investment funds from its lineup, pointing to proof that the company acted to rein in questionable funds.
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June 03, 2022
Ex-Quest Workers Seek Cert. In ERISA Class Action
Three former Quest Diagnostics Inc. employees urged a New Jersey federal court to let them bring their suit on behalf of over 40,000 current and former company employees, arguing their suit challenging the plan's investment in allegedly subpar funds was an ideal case for certification.
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May 05, 2021
Quest Can't Ditch ERISA Class Action Over 401(k) Investments
Quest Diagnostics Inc. must face a proposed ERISA class action claiming its 401(k) plan invested in subpar mutual funds, with a New Jersey federal judge ruling Wednesday that four Quest ex-workers provided enough support for their mismanagement allegations to get the suit past the company's dismissal bid.
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December 16, 2020
Quest Wants 'Threadbare' ERISA Class Action Tossed
Quest Diagnostics Inc. urged a New Jersey federal judge to toss a proposed class action accusing the lab testing giant of violating federal benefits law by letting workers sink retirement savings into subpar mutual funds, saying the "threadbare" allegations from retirement plan participants are too vague to stay in court.